Jakarta — The government plans to inject IDR 6.4 trillion into nine state-owned enterprises in 2011—a sum that exceeds the 2010 allocation by IDR 370.1 billion, or 6.1%, according to detikFinance’s Financial Note 2011, set to be submitted as the state budget for 2011 on Monday (August 23, 2010).
The list of state-owned enterprises slated to receive this State Equity Participation (PMN) includes:
• PT Penjaminan Infrastruktur Indonesia (PT PII): IDR 1.5 trillion
• PT Askrindo and Perum Jamkrindo: IDR 2 trillion
• PT Dirgantara Indonesia: IDR 127 billion
• PT Pupuk Iskandar Muda: IDR 1.3 trillion
• Perusahaan Penerbit SBSN Indonesia IV: IDR 100 million
• Perusahaan Penerbit SBSN Indonesia V: IDR 100 million
• PT Sarana Multigriya Finansial: IDR 1 trillion
• PT Geo Dipa Energi: IDR 443.5 billion
In addition, four other state-owned enterprises are set to receive capital injections exceeding IDR 1 trillion. PT Askrindo and Perum Jamkrindo will each receive IDR 1 trillion to enhance their business capacity, particularly to bolster their ability to guarantee small business loans (KUR).
Meanwhile, PT PII is earmarked to receive IDR 1.5 trillion to underwrite infrastructure projects and to strengthen its core capital adequacy.