BUMN Karya Merger Begins with Companies with the Largest Assets

The merger of BUMN Karya (state-owned construction companies) became more apparent after a meeting between the Minister of Public Works and Housing (PUPR) Dody Hanggodo and Minister of State-Owned Enterprises (SOEs) Erick Thohir. The stock inbreng scheme was selected, starting with the entity that h

Bisnis, JAKARTA — SOE Minister Erick Thohir, along with PUPR Minister Dody Hanggodo, is continuing to finalize the merger of seven BUMN Karya into three holding companies as part of the ongoing restructuring program.

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