JAKARTA - Defense Minister Prabowo Subianto suggested that no SOEs should move in the hotel sector. Prabowo also asked for an assessment from Erick Thohir as Minister of SOEs regarding the idea.
This was revealed by Prabowo Subianto in front of Erick at the Mandiri Investment Forum 2024, in Jakarta, Tuesday, March 5.
"I think we don't need hotel SOEs. What do you think, Mr. Erick? I asked Mr. Erick for advice," he said.
Prabowo said the proposal came in line with the desire to rationalize or reduce SOEs that do not have a clearer business strategy.
Furthermore, Prabowo said that the rationalization of SOEs could be one way to provide space to the private sector. That way the private sector can grow.
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"BUMN, Mr. Erick, we have to rationalize, if there is no very strategic reason, maybe we should have a privatization rationalization program from SOEs," he said.
Prabowo considered that the state could make regulations related to rationalization, including in terms of supervision. Therefore, he admitted that he asked for input from economists.
"I want to take a rational and reasonable policy, so I need all the advice, and therefore I want the best input, including from this forum," he explained.
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