16 SOEs Get PMN 2025 IDR 44.24 Trillion, Hutama Karya Paling Gede

Rupiah (Photo: Antara)

JAKARTA - State Equity Participation (PMN) for Fiscal Year 2025 with a value of Rp44.24 trillion for 16 State-Owned Enterprises (BUMN) has been approved by Commission VI of the DPR.

Of the total PMN approved, the BUMN construction of PT Hutama Karya (Persero) received the largest amount of amount of Rp13.8 trillion.

SOE Minister Erick Thohir said 90 percent of PMN was allocated for the work on a number of national strategic projects (PSN) assigned by the government.

For example, continued Erick, the assignment to build the Trans Sumatra Toll Road assigned by the government to PT Hutama Karya (Persero). He said that if the PMN was approved, infrastructure development would continue in the future government era.

"The toll road in Sumatra does not stop being built, it's only in Java. This is not because I am from Lampung or Sumatra, but the balance of economic growth in Indonesia must continue on all islands," he said in Jakarta, written Thursday, July 11.

Erick also said that during the last five years, PMN, which previously relied heavily on state debt, can now be financed from dividend achievements.

"So far, PMN has been very dependent on the state's debt to foreign countries, but today we can be sure that together this becomes a sustainability or sustainability when dividends can finance rather than for PMN itself," he explained.

The following is a list of 16 SOEs that received PMN 2025:

PT Hutama Karya (Persero) worth IDR 13.8 trillion. The funds will be used to continue the construction of Phase 2 and 3 Trans Sumatra Toll Roads (JTTS).

Then, PT Asabri received PMN of IDR 3.61 trillion for capital improvement. Then, PT PLN amounted to IDR 3 trillion in the context of the village electricity program.

Then, PT Bahana Pembinaan Usaha Indonesia amounting to IDR 3 trillion to strengthen capital in the context of guaranteeing KUR and encouraging adjustments to the adequacy of IJP KUR. Then, PT Pelni received PMN 2025 of IDR 2.5 trillion in the context of procuring new ships.

Furthermore, PT Bio Farma (Persero) amounted to IDR 2.21 trillion in the context of new capex facilities. Then, PT Adhi Karya amounted to IDR 2.09 trillion in the context of building the Jogja-Bawen and Solo-Jogja toll roads.

PT Wijaya Karya Tbk Rp2 trillion in order to improve the capital structure. Furthermore, PT LEN Industri is Rp2 trillion for modernization and increased production capacity. Then, PT Danareksa Rp2 trillion for business development.

Then, PT KAI Rp1.8 trillion for the procurement of new training sets for government assignments. Then, PT Rajawali Nusantara Indonesia (RNI) amounted to Rp1.62 trillion in the framework of working capital for the Government Food Reserve (CPP) program.

Furthermore, PT Pembangunan Perumahan Tbk Rp1.56 trillion for the completion of the Jogja-Bawen and KIT Subang projects. Then, Perum Damri Rp1 trillion for the provision of electric buses.

Then, Perum Perumnas Rp1 trillion was used for restructuring. Finally, PT INKA (Persero) Rp 976 billion was allocated for the construction of the Jabodetabek KRL train.