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PPA’s Role in Supporting the Revival of the Tourism Industry by Strengthening SOE Towards Golden Indonesia

September 30, 2024

The Ministry of SOE held an event called “Strengthening SOE Towards Golden Indonesia” on September 30, 2024 in an effort to encourage national development and realize strategic advances. As part of Danareksa Holding, PPA supports the revival of the tourism industry through Special Situations Fund financing for Garuda and Citilink for aircraft fleet restoration, post-COVID-19 economic recovery through NPL management for Rp12 trillion, and development of the music and MSME ecosystem through revitalization of Lokananta in Solo. These initiatives are part of the transformation of SOE in the last five years under the leadership of Erick Thohir.

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