Jokowi Disbands 3 SOEs, Perinus to Farmers

Jakarta, CNN Indonesia —

President Joko Widodo (Jokowi) dissolved three State -Owned Enterprises (BUMN) by merging it to another state-owned company. This is done to improve the efficiency and effectiveness of the company in carrying out its duties.

First, the merger of PT Bhanda Ghara Reksa into PT Indonesia Trading Company (PPI) through Government Regulation Number 97 of 2021 which was signed by Jokowi on September 15, 2021.

“That in order to increase efficiency, effectiveness and penetration of the distribution and trade network business, as well as to support the availability and affordability of food, it is necessary to merge PT Bhanda Ghara Reksa into the PPI,” explained Jokowi in the consideration of PP 97/2021, quoted Monday (2/2). /9).

In accordance with Article 2 (2) of PP 97/2021, with the merger, PT Bhanda Ghara Reksa was declared disbanded without liquidation provided that all rights and obligations as well as the assets of the company were transferred by law to PT Perusahaan Trading Indonesia.

“The amount of wealth as referred to in paragraph (1) is determined by the minister of finance based on the proposal of the minister of state-owned enterprises,” wrote Article 2 (2) of PP 97/2021.

Second, the merger of the company PT Pertani into PT Sang Hyang Seri. The stipulation for the merger is contained in PP No. 98/2021 which was signed by Jokowi on September 15, 2021.

that in order to improve efficiency, effectiveness and business penetration, as well as to support the availability, affordability, inclusiveness, and quality for seeds and foodstuffs, it is necessary to merge the Company (Persero) PT Pertani into the Company Company (Persero) PT Sang Hyang Seri, ” said Jokowi in the consideration of PP 98/2021.

The merger resulted in Pertani being declared disbanded without liquidation provided that all rights and obligations as well as the company’s assets were transferred to PT Sang Hyang Seri.

The total value of the combined farm assets is determined by the finance minister based on the proposal from the SOE minister.

Third, the merger of PT Perikanan Nusantara (Perinus) into PT Perikanan Indonesia (Perindo). The merger policy was determined through PP No. 99 of 2021 which was signed by Jokowi on September 15, 2021.

In the consideration of PP 99/2021, Jokowi explained that the merger was carried out to increase efficiency, effectiveness, and penetration of the fisheries business network. In addition, the merger is also to support the availability, affordability, inclusiveness, and quality of fisheries.

With the merger, Perinus was declared disbanded without liquidation provided that all rights and obligations as well as the company’s assets were transferred to Perindo.

As before, the combined value of Perinus’ assets will be determined by the finance minister according to the proposal of the SOE minister.

[Gambas:Video CNN]

(pfr/one)


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