Indonesia approves plans to form six public sector holding firms

Indonesia approves plans to form six public sector holding firms

Photo by Pertamina

Indonesia’s President  Joko ‘Jokowi’ Widodo has approved plans to create holding companies to manage state firms in oil, mining, housing, financial services, infrastructure, and food sectors, despite criticisms that it would complicate management of these enterprises.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter