Transformation of SOE Ministry Annual Report 2020
36
CHAPTER 1 234
5 6 7
SOE ROADMAP & TRANSFORMATION
MINISTRY OF STATE-OWNED ENTERPRISES
FIVE MAIN PRIORITIES OF SOE MINISTRY
As the agency that is tasked to develop SOES and realize the transformation in SOES, the SOE Ministry has
developed a roadmap with five key themes, as illustrated in the following chart:
B
Business Model
Innovation
Technology
Leadership
C
PRIORITY 1:
ECONOMIC AND SOCIAL VALUES FOR INDONESIA
ANNUAL REPORT 2020
SOEs are responsible for creating added economic and social values
in Indonesia. We are grateful that despite the COVID-19, these
responsibilities were fulfilled. In terms of added economic value, SOES
have supported the State Budget by contributing dividends (Rp44.3
trillion), paying taxes (Rp246 trillion), and providing non-tax contributions
(Rp86 trillion). From the social value perspective, during the pandemic
SOES have been actively involved in tackling COVID-19 as well as
providing direct and indirect assistance to drive the economy and
alleviate the society's burden.
E
Talent
Development
A
Economic and
Social Values for
Indonesia
G
$
A Economic and Social Values for
Indonesia
To enhance economic values and social
impacts, specifically in food security, energy,
and health.
B Business Model Innovation
Business model restructuring through
ecosystem creation, cooperation,
stakeholders' demand creation, and focus on
core businesses.
Boosting
Investments
D
CTechnology Leadership
To be the global leaders of strategic technologies
and to institutionalize digital capabilities, such as
data management, advanced management,
big data, and artificial intelligence.
D Boosting Investments
Optimizing asset value and creating sound
investment ecosystem.
E Talent Development
Educate and train employees, create quality
talents for Indonesia, and promote professional
governance as well as people selection system.
Furthermore, in line with their roles as Value Creator and
Agent of Development, SOES continue to carry out various
programs to increase added economic value and create
social impacts for the society.
INFRASTRUCTURE DEVELOPMENT
SOEs in the infrastructure cluster play a strategic role in
the realization of six toll roads built in 2020: Trans Sumatra
Toll Road (JTTS) Terbanggi Besar-Kayu Agung section,
Lampung; JTTS Pekanbaru-Dumai Section, Riau; JTTS Sigli-
Banda Aceh Section 4 Blang Bintang-Indrapuri Section,
Aceh; Balikpapan-Samarinda Toll Road, East Kalimantan;
Manado-Bitung Toll Road, North Sulawesi; and Serpong-
Kunciran Toll Road, Banten, as well as the Jakarta
Cikampek Elevated Toll Road.
Not only toll roads, SOEs are also involved in the
construction of Kulon Progo Airport in DI Yogyakarta,
Syamsuddin Noor Airport in Banjarmasin; ASDP Indonesia
Ferry Pier Port V, Merak-Bakauheni; and the DKI Jakarta
Integrated Transportation Mode Synergy - a collaborative
project with Regional Owned Enterprises.
To strengthen the transportation sector that is vital to the
mobility of people, goods and services, PT KAI cooperates
with 15 syndicated banks consisting of state-owned banks,
regional development banks (BPD), national private
banks, and foreign private banks in a Syndicated Credit
Agreements worth Rp4.2 trillion. The synergy increases
the amount of financing of depots and LRT stations in the
Greater Jakarta area (Jakarta, Bogor, Depok, and Bekasi).
BUILDING ENERGY SECURITY
The Ministry of SOE drives energy security by increasing
equitable access and affordability of electricity and
fuel to rural areas and 3T (frontier, outermost, and
disadvantaged) areas. The development of rural
electrification infrastructure by state-owned power
company PLN at the end of 2020 had raised the National
Rural Electrification ratio to 99.56% and the National
Electrification ratio to 99.2%.
The One Price Fuel policy implemented by state-owned
oil and gas company Pertamina has fulfilled the demand
of communities in remote and 3T areas to access quality
fuel at the same price as urban residents. In 2020, the
target to have the price policy applied in 83 fuel stations
was met resulting in a total of 243 stations selling One
Price Fuel since the policy was launched in 2017.
To sustain energy security for the long term, the Ministry of
SOE will continue to map renewable energy potentials in
Indonesia, especially low-carbon energies that are clean
and will not exacerbate climate change and global
warming.
RESILIENCE AMIDST UNCERTAINTY
RESILIENCE AMIDST UNCERTAINTY
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