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Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs are controlled by the Ministry of State Owned Enterprise while BUMDs are directly controlled by the local government.
A village-owned enterprise (Indonesian: Badan Usaha Milik Desa), often shortened to BUMDes or BUM Desa, is a type of company that is managed and established by an Indonesian village. These companies span a wide array of industries, from agriculture and mining to tourism and retail.
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]
Kementerian Agraria dan Tata Ruang / Badan Pertanahan Nasional (Kemen ATR) 24 September 1960 Nusron Wahid Minister of Agrarian Affairs and Spatial Planning / Head of National Land Agency: Golkar: Ministry of State-Owned Enterprises: Kementerian Badan Usaha Milik Negara (Kemen BUMN) 16 March 1998 Erick Thohir Minister of State-Owned Enterprises ...
Village-owned enterprise (Indonesian: Badan Usaha Milik Desa), a type of company that is managed and established by an Indonesian village; Other similar administrative divisions found outside Indonesia: Communes of France; Barangay; Muban; Commune (Vietnam) Incorporated municipality; Civil township; Community (Wales) Civil parish; Dehestan ...
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
Menteri Badan Usaha Milik Negara: Ministerial seal. Ministerial flag. Incumbent Erick Thohir. since 23 October 2019 () Ministry of State Owned Enterprises:
The main responsibilities of the ministry are the formulation, determination and implementation of policies related to political and general governance; regional autonomy; development of regional and village administration and matters of governance; regional development and finance as well as demographics and civil records. it also reviews laws passed by provincial legislatures.