JAKARTA - SOE Minister Erick Thohir reiterated his plan to continue to reduce the number of subsidiaries of state-owned companies. Erick sees that the large number of children and grandchildren of SOEs often interferes with the core business. Not only taking disbandment steps, Erick is also looking at the option of merging or merging similar types of businesses. "What is a lot of them must be reduced because of why? The criteria for the number of children and grandchildren, which I have issued today, are not allowed to make children and grandchildren without our consent," Erick said in a working meeting with Commission VI of the DPR RI, written Tuesday, December 6. "It doesn't mean that we are arrogant or do not believe in the BUMN, but if we continue to be children and children, their grandchildren eventually undermine the healthy holding, it's just a lie," continued Erick. Erick revealed that at least 173 BUMN's subsidiaries had been cut. However, through his personal Instagram account, Erick admitted that he wanted to cut up to 600 BUMN children with a note, the process was carried out in stages.

Erick said that the closure of BUMN's subsidiaries would only be carried out if the subsidiary was a shell company or shell company. Erick's words to the presence of shell companies cannot be separated from the rules in other ministries in working on a project. "That's actually not necessary and that's what the actual shell company actually does. So it should be a merger," he said. Erick said, the company's closure would be carried out if the company had not been operating for a long time. Indeed, there are several lists of companies that are still in the process for dissolution. On this occasion, Erick also highlighted the slow process of dissolution of the company. He said, this concerns the current regulations. So there is a special law that discusses the mechanism. "So we also encourage the BUMN Bill, there is nothing else to do in order to speed up or close it. Earlier, what is conveyed by a long process, closing a company is annual, just merger people, just closing it in the government environment requires a one year process," he said. "Therefore, in the BUMN Bill which is being driven by Commission VI, one of them can be faster," continued Erick. In fact, continued Erick, in the era of digitization closing the company is an easy thing. In fact, in some countries it only took seven days to issue permits. "The name of closing the company just to be squeezed up, taking care of permits in some countries for only a week. This is the period we closed a company that is no longer (operative), it cannot be," he said. For information, Erick Thohir has cut 74 children and grandchildren of state-owned companies. All of them are derivatives of PT Pertamina (Persero), PT Perkebunan Nusero (Persero) or PT Telkom Indonesia. Not only disbanded, Erick also merged a number of SOE. Among them PT Perikanan Nusantara (Persero) with Perum Perikanan Indonesia. Then, BGR Logistic with PT Indonesia Trading Company (Persero). Then, Indonesian Energy Management which was included in PT PLN (Persero).


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