City Plans to Form Holding Company for BUMD in Transportation Sector
Reported by Maulana Khamal Macharani | Translated by Maria Inggita
Jakarta Provincial Government will form a holding company for Regional-owned Enterprises (BUMD)s in transportation sector.
This holding will work, control, and optimize overall companies performance
BUMD Coaching Agency Acting Head (Plt), Riyadi assessed, holding company is needed to optimize public transportation service in Jakarta.
"This holding will work, control, and optimize overall companies performance," he said at KUA-PPAS meeting with Commission C, Jakarta Council (DPRD) Building, Wednesday (10/30).
Commission D Reviews Bina Marga Proposals at KUA-PPAS 2020 DraftForming a holding company, he continued, also refers to Regional Regulation (Perda) No. 5/2014 about Transportation.
"Currently, we are still in the concept of forming it, hopefully it can be realized in 2020," he explained.
Meanwhile, Commission C Councilor, Prabowo Soenirman appreciates plan to form a holding company in transportation sector.
"This innovation should be supported," he conveyed.
