State-owned enterprises of Indonesia

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State-owned enterprises of Indonesia, locally known as Badan Usaha Milik Negara (BUMN) play an important role in the national economy. Their roles includes contributor for national economy growth, providing goods or services which are not covered by private company, employment provider, providing support guidance to small and medium businessess, and source of government revenue .[1]
The government takes control of the BUMN under one single ministry, the Ministry of State Owned Enterprises, which acts like the CEO of a holding company.

Aside from BUMN, there are also local government (Province and City/Regency level)-owned enterprises, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMN and BUMD is the ownership of the enterprise, whereas BUMN is controlled by Ministry of State Owned Enterprise while BUMD is directly controlled by local government. BUMD roles are similar with BUMN, with heavy emphasis on providing goods or services to the local community.

Type of BUMN

In law, there are three types of state-owned enterprise (SOE) in Indonesia:

  • Perusahaan Jawatan (Perjan) which have operational costs funded from the national budget. Employees of these SOEs are civil servants and the companies are regarded as government agencies. This type of SOE is no longer exists. Firms in this category have been either upgraded into other types of SOEs or have become a government agency.
  • Perusahaan Umum (Perum) or public service company wholly owned by government. The main purpose of these SOEs is to provide goods and/or services to public. These firms are allowed to pursue profits.
  • Perusahaan Perseroan are SOEs which are Perseroan Terbatas (PT) or a limited liability company. This type of SOE is more independent than the Perums and the main goals of these firms are to generate profits and contribute to government revenue. This type of SOE is easy to recognize because they have the term Persero attached to their names. (Exceptions are PT Pertamina and PT Telekomunikasi Indonesia Tbk.)
    There are two sub-type of Perusahaan Perseroan:
  1. Perusahaan Perseroan Terbuka, or Public Company, which are enterprises whose ownership belongs both to the government and to the general public which issue freely traded shares the stock exchange (or in over the counter markets). This subtype of SOE also has the suffix Tbk attached to their names.
  2. Perusahaan Perseroan Pemerintah which are enterprises whose ownership are 100% government-held.

Companies

Information on the state-owned enterprises (SOEs) is drawn from the Ministry of State Owned Enterprises portal,[2] unless otherwise stated.

The largest and most well-known SOEs include the following.

Company Common Name Sector Website
PT Telekomunikasi Indonesia Tbk Telkom Information and Telecommunication http://telkom.co.id
PT Bank Mandiri (Persero) Tbk Bank Mandiri Financial Services and Banking http://www.bankmandiri.co.id
PT Bank Negara Indonesia (Persero) Tbk Bank BNI Financial Services and Banking http://bni.co.id
PT Bank Rakyat Indonesia (Persero) Tbk Bank BRI Financial Services and Banking http://bri.co.id/
PT Bank Tabungan Negara (Persero) Tbk Bank BTN Financial Services and Banking http://btn.co.id/
PT PLN (Persero) PLN Electricity Supply http://www.pln.co.id
PT Perusahaan Gas Negara (Persero) Tbk PGN Gas, Steam and Cold Air Supply http://pgn.co.id
PT Sarinah (Persero) Sarinah Wholesaler and Retail Trade http://sarinah.co.id
Perum BULOG BULOG Wholesaler and Retail Trade http://www.bulog.co.id
PT Waskita Karya (Persero) Waskita Construction http://waskita.co.id
PT Pertamina Pertamina Mining and Exploration http://pertamina.co.id
PT Angkasa Pura I (Persero) AP 1 Transportation and Warehousing http://ap1.co.id
PT Angkasa Pura II (Persero) AP 2 Transportation and Warehousing http://www.angkasapura2.co.id
Perum Damri DAMRI Transportation and Warehousing http://www.damri.co.id/
PT Garuda Indonesia (Persero) Tbk Garuda Indonesia Transportation and Warehousing http://www.garuda-indonesia.com/
PT Kereta Api Indonesia (Persero) Kereta Api Indonesia (KAI) Transportation and Warehousing http://kai.id/
PT Pelayaran Nasional Indonesia (Persero) Pelni Transportation and Warehousing http://pelni.co.id/
PT Pos Indonesia (Persero) Pos Indonesia Transportation and Warehousing http://www.posindonesia.co.id/
PT Bio Farma (Persero) Bio Farma Processing Manufacture http://www.biofarma.co.id/en/
PT Industri Kereta Api (Persero PT INKA Processing Manufacture http://www.inka.co.id
PT Kimia Farma (Persero) Tbk Kimia Farma Processing Manufacture http://www.kimiafarma.co.id
PT Krakatau Steel (Persero) Tbk Krakatau Steel Processing Manufacture http://www.krakatausteel.com
PT Pindad (Persero) Pindad Processing Manufacture http://www.pindad.com
PT Indofarma (Persero) Tbk IndoFarma Processing Manufacture http://indofarma.co.id/
PT Adhi Karya (Persero) Tbk Adhi Karya Construction http://adhi.co.id
PT Hutama Karya (Persero) Hutama Karya Construction http://www.hutamakarya.com
PT Nindya Karya (Persero) Tbk Nindya Karya Construction http://www.nindyakarya.co.id
PT Pembangunan Perumahan (Persero) Tbk PT PP or PP Construction http://www.pt-pp.com
PT Wijaya Karya (Persero) Tbk Wika Construction http://wika.co.id
PT Aneka Tambang (Persero) Tbk Antam Mining and Exploration http://antam.com
PT Bukit Asam (Persero) Tbk PTBA Mining and Exploration http://www.ptba.co.id
PT Timah (Persero) Tbk PT Timah Mining and Exploration http://timah.com
PT Jasa Marga (Persero) Tbk Jasa Marga Transportation and Warehousing http://jasamarga.com/


There are numerous other SOEs including the following:

Company Common Name Sector Website
PT Hotel Indonesia Natour (Persero) Hotel Indonesia Group Accommodation and Food & Beverages Services http://hotelindonesiagroup.co.id
Perum Lembaga Kantor Berita Nasional Antara LKBN Antara Information and Telecommunication http://antaranews.com
Perum Produksi Film Negara Perum PFN Information and Telecommunication http://pfn.co.id
PT Pengembangan Pariwisata Indonesia (Persero) Indonesia Tourism Development Corporation (ITDC) Real Estate http://itdc.co.id
PT Taman Wisata Candi Borobudur, Prambanan, & Ratu Boko (Persero) TWC Real Estate http://www.borobudurpark.com
Perum Jaminan Kredit Indonesia Perum Jamkrindo Financial Services and Banking http://www.jamkrindo.co.id
PT Asuransi Sosial Angkatan Bersenjata Republik Indonesia (Persero) Asabri Financial Services and Banking http://asabri.co.id
PT Asuransi Jasa Indonesia (Persero) Asuransi Jasindo Financial Services and Banking http://jasindo.co.id
PT Asuransi Jiwasraya (Persero) Asuransi Jiwasraya Financial Services and Banking http://www.jiwasraya.co.id
PT Asuransi Kerugian Jasa Raharja (Persero) Jasa Raharja Financial Services and Banking http://jasaraharja.co.id
PT Asuransi Kredit Indonesia (Persero) Askrindo Financial Services and Banking http://askrindo.co.id
PT Bahana Pembinaan Usaha Indonesia (Persero) Bahana Financial Services and Banking http://www.bahana.co.id
PT Danareksa (Persero) Danareksa Financial Services and Banking http://danareksa.co.id
PT Kliring Berjangka Indonesia (Persero) PT KBI Financial Services and Banking http://ptkbi.com
PT PANN Multi Finance (Persero) PT PANN Financial Services and Banking http://pannmf.co.id
PT Pegadaian (Persero) Pegadaian Financial Services and Banking http://pegadaian.co.id
PT Permodalan Nasional Madani (Persero) PT PNM Financial Services and Banking http://pnm.co.id
PT Perusahaan Pengelola Aset (Persero) PT PPA Financial Services and Banking http://ptppa.com
PT Reasuransi Indonesia Utama (Persero) Indonesia Re Financial Services and Banking http://indonesiare.co.id
PT TASPEN (Persero) TASPEN Financial Services and Banking http://www.taspen.co.id
Perum Jasa Tirta I Jasa Tirta I Water Supply, Waste Management and Recycling http://jasatirta1.co.id
Perum Jasa Tirta II Jasa Tirta II Water Supply, Waste Management and Recycling http://jasatirta2.co.id
PT Perusahaan Perdagangan Indonesia (Persero) Indonesia Trading Company (ITC) or PT PPI Wholesaler and Retail Trade http://www.ptppi.co.id/
PT Berdikari (Persero) PT Berdikari Wholesaler and Retail Trade http://berdikari-persero.com
Perum Pembangunan Perumahan Nasional Perumnas Construction http://perumnas.co.id
PT Amarta Karya (Persero) Amarta Karya Construction http://amartakaya.co.id
PT Brantas Abipraya (Persero) Brantas Abipraya Construction http://brantas-abipraya.com
PT Hutama Karya (Persero) Hutama Karya Construction http://www.hutamakarya.com
PT Istaka Karya (Persero) Istaka Karya Construction http://www.istaka.co.id
PT Nindya Karya (Persero) Nindya Karya Construction http://www.nindyakarya.co.id
Perum Kehutanan Negara Perhutani Agriculture, Forestry and Fishery http://www.perhutani.co.id
Perum Perikanan Indonesia Perum Perindo Agriculture, Forestry and Fishery http://www.perumperindo.co.id
PT Perikanan Nusantara (Persero) Perinus Agriculture, Forestry and Fishery http://perinus.co.id
PT Perkebunan Nusantara III (Persero) PTPN3 Agriculture, Forestry and Fishery http://ptpn3.co.id
PT Pertani (Persero) Pertani Agriculture, Forestry and Fishery http://pertani.co.id
PT Rajawali Nusantara Indonesia (Persero) RNI Agriculture, Forestry and Fishery http://rni.co.id
PT Sang Hyang Seri (Persero) Sang Hyang Seri Agriculture, Forestry and Fishery http://sanghyangseri.co.id
PT Indonesia Asahan Aluminium (Persero) Inalum Mining and Exploration http://www.inalum.id
PT Bina Karya (Persero) Bina Karya Professional, Science and Technical Services http://binakarya.co.id/
PT Biro Klasifikasi Indonesia (Persero) BKI Professional, Science and Technical Services http://www.bki.co.id/
PT Energy Management Indonesia (Persero) PT EMI (Persero) Professional, Science and Technical Services http://ptemipersero.co.id/
PT Indah Karya (Persero) Indah Karya Professional, Science and Technical Services -
PT Indra Karya (Persero) Indra Karya Professional, Science and Technical Services http://indrakarya.co.id/
PT Superintending Company of Indonesia (Persero) Suconfindo Professional, Science and Technical Services http://sucofindo.co.id/
PT Survai Udara Penas (Persero) Survai Udara Penas Professional, Science and Technical Services http://penas.co.id
PT Surveyor Indonesia (Persero) Surveyor Indonesia Professional, Science and Technical Services http://www.ptsi.co.id/
PT Virama Karya (Persero) Virama Karya Professional, Science and Technical Services http://viramakarya.co.id/
PT Yodya Karya (Persero) Yodya Karya Professional, Science and Technical Services http://yoka.co.id/
Perum Lembaga Penyelenggara Pelayanan Navigasi Penerbangan Indonesia AirNav Indonesia Transportation and Warehousing http://www.airnavindonesia.co.id/
Perum Pengangkutan Penumpang Djakarta Perum PPD Transportation and Warehousing http://www.bumn.go.id/ppd
http://www.perumppd.co.id/
PT Angkasa Pura I (Persero) Angkasa Pura I Transportation and Warehousing http://ap1.co.id/
PT Angkasa Pura II (Persero) Angkasa Pura II Transportation and Warehousing http://angkasapura2.co.id/
PT ASDP Indonesia Ferry (Persero) Indonesia Ferry Transportation and Warehousing https://www.indonesiaferry.co.id/ind/index.php
PT Bhanda Ghara Reksa (Persero) Bhanda Ghara Reksa Transportation and Warehousing http://www.bgrindonesia.com/
PT Djakarta Lloyd (Persero) Djakarta Lloyd Transportation and Warehousing http://djakartalloyd.co.id
PT Kawasan Berikat Nusantara (Persero) Kawasan Berikat Nusantara (KBN) Transportation and Warehousing http://kbn.co.id
PT Kawasan Industri Makassar (Persero) Kawasan Industri Makassar (KIMA) Transportation and Warehousing http://ptkima-makassar.co.id
PT Kawasan Industri Medan (Persero) Kawasan Industri Medan (KIM) Transportation and Warehousing http://kim.co.id
PT Kawasan Industri Wijaya Kusuma (Persero) KIW Transportation and Warehousing http://kiw.co.id/
PT Merpati Nusantara Airlines Merpati Transportation and Warehousing http://merpati.co.id
PT PDI Pulau Batam (Persero) Persero Batam Transportation and Warehousing http://perserobatam.com
PT Pelabuhan Indonesia I (Persero) Pelindo I Transportation and Warehousing http://pelindo1.co.id/
PT Pelabuhan Indonesia II (Persero) Pelindo II Transportation and Warehousing http://www.indonesiaport.co.id
PT Pelabuhan Indonesia III (Persero) Pelindo III Transportation and Warehousing https://www.pelindo.co.id/
PT Pelabuhan Indonesia IV (Persero) Pelindo IV Transportation and Warehousing http://inaport4.co.id/
PT Varuna Tirta Prakasya (Persero) VTP Transportation and Warehousing http://www.vtp.co.id
PT Balai Pustaka (Persero) Balai Pustaka Processing Manufacture http://www.balaipustaka.co.id/
Perusahaan Umum Percetakan Uang Republik Indonesia Perum Peruri Processing Manufacture http://peruri.co.id/
Perum Percetakan Negara Republik Indonesia PNRI Processing Manufacture http://pnri.co.id/
PT Barata Indonesia (Persero) Barata Indonesia Processing Manufacture http://www.barata.co.id/
PT Boma Bisma Indra (Persero) PTBBI Processing Manufacture http://www.ptbbi.co.id/
PT Dahana (Persero) Dahana Processing Manufacture http://dahana.com/
PT Dirgantara Indonesia (Persero) PTDI or Indonesian Aerospace (IAe) Processing Manufacture http://www.indonesian-aerospace.com/
PT Dok dan Perkapalan Kodja Bahari (Persero) DKB Shipyard&Engineering Processing Manufacture http://dkb.co.id/
PT Dok dan Perkapalan Surabaya DPS Processing Manufacture http://dok-sby.id
PT Garam (Persero) PT Garam Processing Manufacture http://ptgaram.com/
PT Industri Gelas (Persero) Iglas Processing Manufacture http://iglas.co.id
PT Industri Kapal Indonesia (persero] IKI Shipyard Processing Manufacture http://ikishipyard.com
PT Industri Nuklir Indonesia (Persero) PT INUKI (Persero) Processing Manufacture http://inuki.co.id
PT Industri Sandang Nusantara (Persero) INSANI Processing Manufacture http://ptisn.co.id/
PT Industri Kereta Api (Persero) INKA Processing Manufacture http://inka.co.id/
PT Industri Telekomunikasi Indonesia (Persero) PT INTI Processing Manufacture http://inti.co.id/
PT Kertas Kraft Aceh (Persero) PT KKA Processing Manufacture http://kka.co.id/
PT Kertas Leces (Persero) Kertas Leces Processing Manufacture http://kertasleces.co.id/
PT Krakatau Steel (Persero) Tbk Krakatau Steel Processing Manufacture http://krakatausteel.com/
PT Len Industri (Persero) Len Industri Processing Manufacture http://www.len.co.id
PT Pindad (Persero) Pindad Processing Manufacture http://pindad.com/
PT Primissima (Persero) Primissima Processing Manufacture -
PT Pupuk Indonesia Holding Company (Persero) PIHC Processing Manufacture http://pupuk-indonesia.com/
PT Semen Baturaja (Persero) Tbk Semen Baturaja Processing Manufacture http://semenbaturaja.co.id/
PT Semen Indonesia (Persero) Tbk) Semen Indonesia Processing Manufacture http://www.semenindonesia.com/
PT Semen Kupang (Persero) Semen Kupang Processing Manufacture -
PT PAL Indonesia (Persero) PT PAL Processing Manufacture http://pal.co.id/

See also

References

  1. ^ "Indonesian - Role of BUMN |" (in Indonesian). Retrieved 6 June 2017.
  2. ^ "List of State-owned enterprises". Retrieved 6 June 2017.

External links