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    All West Java Regional-Owned Enterprises are evaluated

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    BANDUNG-Eleven Regionally-Owned Enterprises (BUMD) of West Java Province began to be evaluated through a meeting in Gedung Sate, Bandung City, Friday (12/10). From this preliminary review, it is known that West Java Province has a BUMD that has assets of Rp 113 trillion, to BUMDs that have very heavy corporate burdens.

    West Java vice Governor Uu Ruzhanul Ulum, who chaired the meeting, said that after the eleven BUMD chief directors delivered a presentation on the company to its financial statements, they were required to provide a written report, at the latest given to West Java Governor Ridwan Kamil on October 16, 2018.

    The contents of the report that must be submitted next week are among others the BUMD financial statements for the 2015-2018 period, the last three years performance report, the internal audit report, and the audit report from the government for the past three years.

    Uu said that he wanted to learn more about the fields of each company, the health condition of his business, the amount of contributions to local revenues, and the amount of capital paid by the government.

    "From the meeting, if we look at the best is BJB (Bank Jabar Banten), in the national ranking and among regional banks, we as proud regional leaders have BJB. But there are some who are most distended, until it seems unable to finance operations. the company itself, "he said.

    Periodically, it will call each BUMD one by one to deepen the condition of the company. The initial stage, he will call three companies first a few days.

    "We need the speed of time to make a decision. Don't take too long, before December 2018 all the mapping is done, and in January 2019 we can speed up, everything has been mapped and what actions must be taken to achieve the new targets," he said.

    Although some companies have problems with different types, he said, overall all BUMDs in West Java are very prospective to generate profits and revenues for PAD. However, a number of companies need a long time to recover and generate income, so acceleration must be done. (Pun)

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