SOEs open to private sector

Complaints that state-owned enterprises (SOEs) dominate in a wide range of projects are commonly heard among business players nowadays. The so-called pervasive presence of these firms is especially true in the infrastructure sector, which may need Rp 4.7 quadrillion (US$347.8 billion) by the end of 2019.

However, speaking at an infrastructure forum on Thursday, State-Owned Enterprises Minister Rini Soemarno effectively rebuked such a concern, claiming that private firms found it hard to participate in infrastructure projects, including on Java, the country’s most developed island, because of the risks it entails. (Photo: JP/Wendra Ajistyatama)

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http://www.thejakartapost.com/news/2017/09/29/soes-open-to-private-sector-ministry-says.html

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http://www.thejakartapost.com/news/2017/09/29/ri-upbeat-over-infrastructure.html

(The Jakarta Post / Rachmadea Aisyah and Linda Yulisman)