Minister optimistic of Indonesian BUMN becoming global preference

 

Jakarta (ANTARA) – Minister of State-Owned Enterprises (BUMN) Erick Thohir expressed hope that Indonesian BUMN companies would emerge as a global preference.

“I also hope that many more Indonesian state-owned companies would become preferences in the global business, taking into account the fact that competition is now open,” Thohir noted in Jakarta, Thursday.

The BUMN minister commended the inclusion of Mandiri, BNI, and BRI into the Forbes ranking list along with Telkom.

“From the start, we, at the Ministry of BUMN, were keen that the transformation we conducted was based on the three aspects of accountability, transparency, and professionalism,” he emphasized.

During the journey of transformation, Thohir expressed belief that the BUMN group should also be based on focus laid on its business as well as its long-term strategic plan after the COVID-19 pandemic.

“In accordance with the Ministry of BUMN’s roadmap, we also hope that BUMNs would go global,” Minister Thohir stated.

Four BUMN — PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Telekomunikasi Indonesia (Persero) Tbk, and PT Bank Negara Indonesia (Persero) Tbk — were included on the list of the world’s largest public companies in the 2019 version of the business magazine Forbes.

Forbes released a list of the two thousand largest global public companies in the world in 2019. The companies selected are spread across 61 countries, with the criteria for the largest global public company referring to the size of market capitalization, sales or revenue, profit, and assets in 2018.

The international community’s recognition and praises for the performance of these BUMNs demonstrates the seriousness of BUMNs to unwaveringly realize their long-term vision as service providers and deliver optimal performance.

 

 

Source: Antara News

 

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