Indonesia pushes state-owned industry consolidation and IPO plans


Source: nikkei.com nikkei.com

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President Joko Widodo launches InJourney, a new holding company for state-owned enterprises in tourism-related businesses, in West Nusa Tenggara Province on Jan. 13. (Photo courtesy of Indonesia’s presidential office) ERWIDA MAULIA, Nikkei staff writer January 19, 2022 14:37 JST | Indonesia Copy Copied JAKARTA -- From food and tourism to crude oil and geothermal energy, Indonesia's Ministry of State Owned-Enterprises is pushing consolidation and initial public offering plans this year, highlighting national priorities in driving post-pandemic recovery in Southeast Asia's largest economy. Read Next