The government plans to divide around 140 state companies into six groups - mining, energy, housing, infrastructure, finance and food holding companies.
"First we are discussing draft government regulation and revision of existing regulations," Rini said after an economic coordinating meeting here on Thursday.
The meeting headed by Coordinating Minister for Economy Darmin Nasution was also attended by Finance Minister Sri Mulyani and Law and Human Rights Minister Yasonna Laoly.
Rini said she could not give a fix date when the regulation would be announced.
Yasonna Laoly said all aspects for the establishment of the six holding companies are being studied by the government.
"All aspects are being studied such as the governance and legal aspects," he said.
He said the regulation is aimed at strengthening BUMNs in competition internationally.
He said BUMNs would continue to have special treatment in carrying out their business amid competition with private companies.
Reports said the six holding companies are PT Inalum for mining companies, PT Pertamina for energy companies, Perum Perumnas for housing construction companies, PT Hutama Karya for infrastructure and toll road BUMNs, PT Danareksa for financial service BUMNs and Perum Bulog for food BUMNs.
Earlier Rini said all holding companies have to be wholly owned by the government, and they have at least 51 percent of the shares of their subsidiaries.
She said the BUMN holding companies are expected to carry out development all over the country without financial support from the state budget.
President Joko Widodo (Jokowi) has said the holding
companies are expected to strengthen the position of BUMNs in market competition including global competition.
Jokowi said the holding companies would lead BUMNs as a locomotive in driving the countrys economic growth. (*)
Editor: Heru Purwanto
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