Song Hong
SENIOR MEMBER
- Joined
- Jan 4, 2020
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Indon elites look Chinese.
Look like you are Malaysian, nope it maybe the case in your country but not in Indonesia
The most profitable natural resources in Indonesia is actually oil, gas, and coal
Oil production is 70 percent owned by Pertamina. Pertamina and PGN, both are state owned company, are also major gas producer, the rest are foreign company like Exxon, BP and others. PGN also dominate gas infrastructure distribution in Indonesia.
Pertamina Kuasai 70 Persen Produksi Minyak Nasional |Republika Online
Produksi minyak Pertamina mencapai 305,86 ribu barel per hari (bph)www.republika.co.id
Even fourth largest energy companies after state owned Pertamina, state owned PLN, and state owned PGN is Medco Energy which is owned by Native Muslim, Arifin Panegoro.
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For coal, the three biggest coal company in Indonesia which are PT Kaltim Prima Coal, Bumi Resources, and Arutmin are owned by Bakrie Brothers (Conglomeration)
This is the CEO of Bakrie Brothers
Anindya Bakrie
Other is PT Adaro where the biggest share holder is Garibahaldi Tohir (Chinese Indonesian Muslim) and other significant share holder is
Sandiaga Uno (native), he has private share and also through his company, PT Saratoga
View attachment 744000
Arini Subianto (native)
View attachment 743999
Next big coal company is Indika Energy which is also a conglomeration and own by native, Agus Lasmono Sudwikatmono, who has linked to Soeharto family
View attachment 744005
Indika Energy President Director is Arsyad Rasyid, native Muslim
View attachment 744006
Other big coal mining company is state owned PT Bukit Asam that is also now transforming into energy company and start building biggest power plant in North Sumatra.
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Gold and copper are basically dominated by PT Freeport Indonesia where Today 51 percent is owned by state owned PT Inalum and the rest are own by US company Freeport Mcmeron.
Other biggest gold and copper miner is PT Newmont Nusa Tenggara which is 80 percent owned by Medco Energy (majority share holder is native Arifin Panigoro family) and the rest are owned by Newmont International (foreign company)
State owned PT Aneka Tambang (ANTAM) also one of the biggest gold and copper miner in Indonesia.
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Nickel around 30 percent are owned by state owned mining holding, PT MIN ID, while the rest majority are owned by foreign companies like PT VALE and small mining companies
Infrastructure is basically dominated by state owned companies
SOE infrastructure development drives Indonesia's economy
Massive infrastructure projects by state-owned enterprises (SOEs) have helped Indonesia improve its logistical performance, although the country still lags behind neighboring countries such as Singapore, Malaysia and Thailand.www.thejakartapost.com
Manufacturings are mix, there are state owned, native owned, Chinese Indonesian owned, and foreign owned like Toyota and others