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In Indonesia, state-owned enterprises (Indonesian: Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth , providing goods or services which are not covered by private company , employment provider, providing support guidance to small and medium businesses ...
PT Pertamina Gas Negara Tbk (PGN, English: Pertamina Gas Company, trading as Pertamina Gas Negara; formerly known as PT Perusahaan Gas Negara Tbk, English: State Gas Company) is an Indonesian natural gas transportation and distribution company. The total length of distribution pipelines of the company is 3,187 km that serve around 84 million ...
Pertamina fuel station in Bali. PT Pertamina (Persero) [a] is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. [2] It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established in 1957).
To reduce the burden of debt, the government began privatizating state-owned firms. Based on the Letter of Minister of State for Investment and Development, S-59/M-PM.BUMN/2000 dated 7 March 2000, PT. Kimia Farma privatized. [4] The directors of PT. Kimia Farma (Limited) established two subsidiaries on the 4 January 2002, PT. Pharmacy and PT ...
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam . With a market reach to Asia , Australia and Oceania , the company's main business is in the cement sector and its derivative products such as concrete , mortar ...
PT Aneka Tambang Tbk, colloquially known as Antam, is an Indonesian mining company. The company primarily produces gold and nickel, and is the largest producer of nickel in Indonesia . Until 2017, Antam was a directly state-owned company , before its ownership was transferred to PT Mineral Industri Indonesia (Persero) or MIND ID, a government ...
Smart Tbk, the palm-oil producing subsidiary of Sinarmas Group, has been accused by Greenpeace of causing deforestation of Indonesian rainforests. [12] To investigate this accusation, Smart Tbk has appointed Control Union Certification and BSI Group , [ 13 ] assisted by two researchers from the Bogor Agricultural Institute .
The Ministry of State-Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara, shortened as Kementerian BUMN) is an Indonesian government ministry that oversee the development of state-owned enterprises in Indonesia. The ministry is led by a Minister of State Owned Enterprises, who reports to the President. [1]