Jakarta (ANTARA) - The Ministry of State-Owned Enterprises (SOEs) has been tasked with overseeing and providing assistance to state-owned enterprises managed by the Danantara Indonesia Investment Management Agency.
This ministry’s task is stipulated in Law Number 1 of 2025 concerning the Third Amendment to Law Number 19 of 2003 concerning SOEs.
“So, we are indeed focused on assisting Danantara, but as a regulator, we are also negotiating with the government,” SOEs Minister Erick Thohir explained here on Tuesday.
The ministry is continuing to coordinate the appointment of directors and commissioners, approval of proposed agendas, general meetings of shareholders (GMS), and other matters at the SOEs.
Furthermore, the ministry will receive a dividend of 1 percent from Danantara, which will then be remitted to the state.
Thohir said that Danantara can only propose candidates for the posts of directors and commissioners of state-owned enterprises.
“We act as supervisors. Danantara conducts studies, and then we find the right solution. Similarly, if Danantara proposes a professional board of directors and commissioners, we will review it,” he added.
The ministry is continuing to encourage state-owned enterprises to increase their dividends and become more globally competitive.
