JAKARTA -- From food and tourism to crude oil and geothermal energy, Indonesia's Ministry of State Owned-Enterprises is pushing consolidation and initial public offering plans this year, highlighting national priorities in driving post-pandemic recovery in Southeast Asia's largest economy.
The government last week launched two new state holding entities, InJourney and ID Food. The former now oversees state-owned enterprises in tourism-related businesses including airport operators Angkasa Pura I and II, as well as a network of 120 hotels nationwide. The latter includes several companies in the food sector.
