The Government will set up a holding firm in infrastructure (Infrastructure Holding), whose members will be all state-owned construction companies. Under the proposed plan, PT Hutama Karya will become the holding firm, while the government’s shares in PT Waskita Karya (66%), PT Wijaya Karya Tbk (65%), and PT Jasa Marga Tbk (70%) will be handed to Hutama Karya.
Meanwhile, state-owned companies engaging in housing will be grouped under Housing Holding. Perum Perumnas will become a holding firm, while its members will be PT Virama Karya, PT Amarta Karya, PT Indah Karya, PT PP Tbk and PT Adhi Karya Tbk.
