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IATH CO REVEALS THE POSITIVE IMPACT OF PMN 2022 AMOUNT IDR7.5 TRILLION

THE Aviation and Tourism State-Owned Enterprises (BUMN) Holding or Indonesia Aviation and Tourism Holding Co (IATH CO) revealed a number of positive impacts on the national economy from the proposed state capital investment (PMN) for 2022 of IDR7.5 trillion.

According to Deputy President Director of PT Angkasa Pura II as well as Director of Project Management Office (PMO) Holding BUMN Aviation and Tourism Edwin Hidayat Abdullah in a Hearing Meeting with Commission VI DPR RI in Jakarta, Thursday (9/2) said the addition of PMN to subsidiaries in the ecosystem have a positive impact on the national economy, most importantly we want to get out as soon as possible to save the aviation industry after COVID-19 by preparing production tools, namely the availability of aircraft fleets and supporting facilities.

Edwin added that another positive impact is the potential to increase revenue from Micro Small and Medium Enterprises (MSMEs) exports by IDR2.28 trillion until 2025, then the addition of approximately 67,100 new jobs for MSMEs partners.

“Expanding export market share to 20 potential countries as the main market and prospective export destination market. Increased exports of assisted MSMEs as many as 1,429 MSMEs,” he said

In his presentation, Edwin Hidayat Abdullah submitted a 2022 PMN submission for Aviation and Tourism BUMN Holding amounting to IDR7.5 trillion. The details for the 2022 PMN are, among others, intended for capital strengthening and infrastructure development for the holding company amounting to Rp400 billion.

“Then strengthening capital, land acquisition and development of tourism destinations for the development of the tourism sector in Eastern Indonesia amounting to IDR1 trillion. The PMN 2022 is also planned to be used to strengthen capital and develop the trading business to support MSME export products of IDR100 billion,” he remarked.

Edwin explained that the investment in aircraft availability (fleet) through existing airlines was IDR3 trillion, and capital strengthening and business portfolio arrangement in flight support services was IDR700 billion. As well as to support the implementation of national strategic projects and other government assignments carried out by Angkasa Pura I in the amount of IDR2 trillion.

Previously, the progress of the establishment of the Aviation and Tourism BUMN Holding was currently still in the stage of finalizing a Government Regulation (PP). It is targeted that this holding will be formed at the end of the third quarter of 2021.

Edwin, who previously served as Deputy for Energy, Logistics, Regions and Tourism at the Ministry of SOEs, said that currently the PP harmonization has just been completed. The next step is to calculate the valuation of each company that will be included in this holding and after the inbreng shares can be done. [antaranews/photo special]