City Injects Rp 11.32 Trillion to 8 BUMDs
Reported by Erna Martiyanti | Translated by Nugroho Adibrata
Jakarta Provincial Government is about to give additional capital as much as Rp 11.32 trillion to eight city-owned enterprises (BUMD) next year. It aims to nourish BUMDs that are still suboptimal in contributing to local revenue (PAD).
In order to nourish BUMD, we should give government’s capital shares ownership (PMP)
“In order to nourish BUMD, we should give government’s capital shares ownership (PMP),” said Jakarta Governor Basuki ‘Ahok’ T Purnama, Friday (12/12).
This PMP provision has been included in the 2015 City Budget (APBD) draft and City Budget Priorities and Preliminary Thresholds (KUA-PPAS), which has been proposed to the City Council (DPRD). The total budget allocated reaches Rp 11.32 trillion.
BUMD Bylaw Ratification Meeting only Attended by 41 DPRD MembersThe BUMDs to get the capital injections are PT MRT Jakarta Rp 4.62 trillion, PT Jakarta Propertindo Rp 550 billion, PD PAL Jaya Rp 570 billion, PT Bank DKI Rp 1.5 trillion, PT Transportasi Jakarta Rp 2 trillion, PD Pasar Jaya Rp 1.08 trillion, PT Jakarta Tourisindo Rp 500 billion, and PT Pembangunan Jaya Ancol Rp 500 billion.
The PMP proposed in the 2015 APBD KUA-PPAS is Rp 11.32 trillion, increasing 59.28 percent from the PMP allocated in the 2014 APBD which was Rp 7.11 trillion.
In 2014, nine BUMDs received PMP. They were PT MRT Jakarta Rp 5.1 trillion, PT Jakarta Propertindo Rp 500 billion, PD PAL Jaya Rp 203 billion, PT Bank DKI Rp 1 trillion, PD Dharma Jaya Rp 15 billion, PT food Station Tjipinang Rp 50 billion, PT Pembangunan Sarana Jaya Rp 200 billion, PT Nusantara Berikut Nusantara Rp 35 billion, and PT PAM Jaya Rp 65 billion.
