Erick Thohir Wants To Join WIKA And PP, Who Will Become The Parent?

SOE Minister Erick Thohir (Photo: Mery Handayani/VOI)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir plans to merge state-owned companies in the work sector. One of them is PT Wijaya Karya (Persero) Tbk or WIKA and PT Pembangunan Perumahan (Persero) Tbk or PTPP.

"WIKA and PP, (likely the parent) PP," said Erick when met at the DPR Building, Parliament Complex, Senayan, written Wednesday, March 20.

Erick said that the merger or consolidation of WIKA and PTPP was part of the plan to merge seven state-owned companies into three companies. Where, Erick said, the plan is already in process.

"Today's work we have consolidated in the process stage of combining seven works into three work companies," said Erick.

Later, continued Erick, Waskita Karya will also be merged into Hutama Karya. Then, Nindya Karya and Brantas Abipraya will be merged into Adhi Karya. Meanwhile, Wijaya Karya alias WIKA will be merged into PTPP.

"Brantas, Adhi, and Nindya Karya. Then HK with Waskita, and also PP with WIKA," he said.

Furthermore, Erick said that this merger was carried out to nourish the performance of BUMN-BUMN works.

"This is what we are doing, actually consolidation and restructuring," he said.