Jakarta (ANTARA) - Indonesia's Ministry of State-Owned Enterprises (SOEs) is seeking investors from other countries to increase the added value of SOE-owned building assets located around the National Monument (Monas) in Jakarta.

SOEs Minister Erick Thohir said on Saturday that SOEs have 13 assets around the monument, including a building owned by state oil and gas company Pertamina.

After the government moves to the new capital city, Nusantara, in East Kalimantan, those buildings will be neglected, he added.

"Now it's a shame if we do not create value in it," Erick said, adding that his ministry had a roadshow with potential property companies.

He said that value creation for the assets is important, especially as the government will officially shift to Nusantara.

The ministry has carried out added value creation in the Health Special Economic Zone (SEZ) in Sanur, Denpasar, Bali, after initiating integrated tourism ecosystem development in December 2021.

The total initial investment in the SEZ, which spans 41.26 hectares, stood at Rp10.3 trillion (around US$634.35 million). The project is also encouraging the creation of new jobs to attract 43,000 workers.

Erick said that the same thing also needs to be done with other SOE assets. It is expected that assets around Monas will be developed with the help of the Mutual Property Fund.

"We have to encourage new value creation, where we push and upgrade SOE assets that have not been maximized, as we have done in Sanur," he said.

He and his deputy, Kartika Wirjoatmodjo, have traveled to several countries to woo potential investors.

Erick is next scheduled to visit Qatar for business exploration, while Kartika will go to Europe to do the same.

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Translator: Maria P, Kenzu
Editor: Anton Santoso
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