Jakarta (Antara Bali) - The Indonesian Vice President M. Jusuf Kalla
told relevant parties to refer to Law No. 19 (2003) on state-owned
enterprises (SOE) with regards to appointing foreigners as president
directors.
"SOEs must look at all relevant regulations before appointing
foreign president directors, in order to find out whether it will be
allowed in each case. The law should be studied before making any such
appointments," said Kalla on Friday.
The vice president also commented on the issue of whether foreign
nationals should be appointed as SOE president directors in response to
recent media reports regarding the topic.
The statements were made in the context of improving the performance of state-owned enterprises, added the Vice President.
"This is intended to improve the performance of Indonesias SOEs. There
are no issues with foreigners being hired as advisers, but the laws
should be looked at before appointing non-Indonesians as president
directors," he said. (WDY)
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