LMAN Performance Reaches 106 Percent Target, Monetization Of State Assets Is Key

The M Bloc public space in South Jakarta is an example of the use of state assets for economic and social activities. (Photo: Doc. Ministry of Tourism and Creative Economy)

JAKARTA - The State Asset Management Institute (LMAN) reports that throughout 2021 it managed to record a positive performance with the achievement of non-tax state revenue (PNBP) of Rp. 1.96 trillion.

President Director of LMAN Basuki Purwadi said that the book was recorded at 106.82 percent of the target set by the Ministry of Finance as the parent entity.

"We managed to record funding for land acquisition for the PSN infrastructure development (National Strategic Project) which reached Rp22.86 trillion. This amount is the highest value since 2016, as well as the initiation of the use of state assets to generate socio-economic benefits for the welfare of the community," he said at a press conference held in a hybrid manner in Jakarta, Tuesday, January 25.

According to Basuki, the 2021 performance is focused on obtaining benefits, both financially, economically and socially.

“The 2021 performance is focused on obtaining benefits, both financially, economically and socially. The utilization of state assets as well as funding for PSN land acquisition must be ensured to have added value with measurable benefits to support national economic recovery," he continued.

Furthermore, Sri Mulyani's subordinate explained that his party manages 288 property assets, most of which are located in Jakarta, 2 refinery assets in Bontang and Lhokseumawe and 1 regional asset in the form of the Ciperna golf course area, West Java.

"The use of assets is considered to have an impact on empowering MSMEs and entrepreneurs, creating new jobs, encouraging the quality and quantity of research and increasing the human development index," he said.

In addition to optimizing managed state assets, LMAN also claims to be committed to being a part of moving the optimization of state assets more broadly, by synergizing with state property managers.

"In the future, optimization will be strengthened through increasing PNBP targets, innovation of cooperation service platforms, as well as expanding and strengthening potential through arranger schemes, which will open opportunities for private investors to participate in collaborating in optimizing state assets," concluded Basuki.