TEMPO.CO, Jakarta -State-owned Enterprises (SOEs) Minister Erick Thohir departed to Singapore on Tuesday, December 10, 2019 in an attempt to assure global investors that Indonesia's SOEs are running on the right track.
"Minister Erick Thohir has departed to Singapore to hold important meetings to assure global investors, the international market, and other key parties that the country's state-owned enterprises are on the right track," said SOEs Minister's expert staff Arya Sinulingga on Tuesday, December 10, 2019.
According to Arya, the Minister is scheduled to meet a number of important figures including the Singaporean Finance Minister and 40 top global investors such as Nomura Group and other investors.
Previously, Minister Erick Thohir and Finance Minister Sri Mulyani had traveled to the United Arab Emirates (UAE) to establish a number of partnerships that would suppress oil-and-gas imports that have hampered the government's cash flow.
Erick previously announced that an ongoing negotiation between Pertamina and Abu Dhabi National Oil Company (ADNOC) will potentially resulted mutually beneficial cooperation.