{
    "success": true,
    "data": {
        "id": 1662393,
        "msgid": "state-owned-enterprises-restructuring-accelerated-15-companies-to-merge-into-one-1775591489",
        "date": "2026-04-07 22:07:00",
        "title": "State-Owned Enterprises Restructuring Accelerated, 15 Companies to Merge into One",
        "author": "Gana Buana",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Business",
        "summary": "The Indonesian government is pushing to complete the restructuring of state-owned enterprises (SOEs) by the end of this year, aiming for fundamental improvements in efficiency and competitiveness. In the logistics sector, 15 companies are set to consolidate into a single national entity within the next month, while efforts in transportation include electrifying rail lines and resolving the debt restructuring for the Jakarta-Bandung High-Speed Rail (Whoosh). These initiatives, discussed in a meeting with President Prabowo Subianto, seek to enhance public services and SOE performance amid global pressures.",
        "content": "<p>The government is committed to not raising the price of subsidised\nfuel during 2026. The government is committed to not raising the price\nof subsidised fuel during 2026. The government is urging the\nacceleration of the restructuring of State-Owned Enterprises (SOEs) with\na target to complete it this year. This push arises amid efforts to\nimprove the performance of red-plate companies to make them more\nefficient and competitive. Head of the SOE Regulatory Agency (BP BUMN),\nDony Oskaria, stated that completing the restructuring is not just about\nmeeting deadlines but ensuring fundamental changes. \u201cThis year we must\ncomplete all SOE restructurings and it is hoped that this can be done on\ntime. And not only on time, but also fundamentally complete,\u201d he said to\nreporters after a limited meeting with President Prabowo Subianto at the\nPresidential Palace in Jakarta on Tuesday (7\/4). This improvement is\nbeing pursued through consolidation in several strategic sectors. In the\nlogistics sector, the government is preparing a major merger that will\nunite 15 companies into one national entity. \u201cInsha Allah, this will\nalso be completed within this month. We will announce 15 companies\nbecoming one national logistics company. We reported this one by one.\nInsha Allah, hopefully the SOE transformation process will be faster and\nthe benefits will be more felt by the Indonesian people,\u201d Dony\nexplained. Consolidation is also targeting asset management companies to\nform stronger entities. The government hopes that a larger scale can\nimprove efficiency while enhancing competitiveness amid global\npressures. In the transportation sector, attention is focused on\nimproving rail services. Several electrification projects for lines such\nas Jakarta-Rangkas, Jakarta-Cikampek, and Jakarta-Sukabumi are being\nprepared to support improvements in public service quality. \u201cSo indeed,\nthe railway must be made into a healthy company so that it can provide\ngood public transportation services to the Indonesian people,\u201d he said.\nIn addition, the government is accelerating the completion of the debt\nrestructuring for the Jakarta-Bandung High-Speed Rail or Whoosh. The\nprocess is said to have reached the final stage and is just awaiting\nformal completion before announcement. \u201cI just discussed it with the\nFinance Minister as well. And there is already agreement. It\u2019s done.\nStudies and so on have been completed. We just need to go through the\nformal process,\u201d Dony revealed.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/state-owned-enterprises-restructuring-accelerated-15-companies-to-merge-into-one-1775591489",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}