Government plans to merge 15 state logistics firms into single entity

The government plans to consolidate 15 state-owned logistics companies into a single national entity within one month, as part of a broader restructuring of state enterprises, officials said.

Dony Oskaria, head of the state-owned enterprise supervisory body BP BUMN, said the consolidation process has begun and is expected to be completed in the coming weeks.

“We will consolidate 15 logistics state-owned enterprises, the process has started, and we expect it to be completed within one month,” he said.

The move is aimed at improving efficiency, strengthening competitiveness and enhancing the contribution of state-owned companies to the economy.

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The consolidation is expected to position PT Pos Indonesia as the holding or anchor company, overseeing logistics-related subsidiaries including PT Semen Indonesia Logistik, PT Pupuk Indonesia Logistik and PT KAI Logistik.

Dony said the integration is expected to create a more effective and efficient business process while strengthening the competitiveness of state-owned logistics companies globally.

President Prabowo Subianto has also emphasized the importance of restructuring and rationalizing the number of state-owned enterprises to improve efficiency and global competitiveness.

The consolidation is part of a wider transformation program for state-owned enterprises aimed at streamlining operations and improving performance.   

Editing by Alexander Ginting