JAKARTA (Yosefardi) – The government of Indonesia has injected Rp3.6 trillion to 3 state-owned enterprises (SoEs), to strengthen the capital structure and to boost the capacity in funding the infrastructure and secondary housing projects, also to fund the development of geothermal projects in Dieng and Patuha.
The 3 SoEs receving the capital injection are PT Sarana Multi Infrastruktur (SMI), PT Sarana Multigrya Finansial (SMF), and PT Geo Dipa Energi.
SMI got Rp2 trillion fund injection, SMF obtained Rp1 trillion, while Geo Dipa received Rp607.31 billion injection of fund.
The State-owned Enterprises (SoE) Ministry had proposed to the central government to provide Rp28.75 trillion capital injection for 22 SoEs in 2016.