Commission III of the West Java Regional House of Representatives (DPRD) has firmly requested the management of the Regional-Owned Enterprise (BUMD) PT Jasa Sarana to conduct a major restructuring. This step is taken following the infrastructure company's financial condition, which shows a drastic downward trend, thereby threatening the sustainability of regional assets.
The Chairman of Commission III of the West Java DPRD, Jajang Rohana, emphasized that management must dare to make difficult decisions by halting unprofitable business lines. The company's focus is requested to shift to sectors with high productivity potential to restore the company's fiscal health.
The results of Commission III's evaluation reveal concerning facts, showing that the company's assets have shrunk drastically from IDR 1 trillion to around IDR 500 billion. This condition is compounded by a debt burden reaching IDR 170 to 180 billion, as well as an annual operational deficit of IDR 3 billion. These figures indicate that the company's current revenue is not yet able to cover all operational costs.
As a tactical solution, the legislature encourages asset optimization through the option of releasing unproductive or 'idle' assets. The funds generated from this policy are expected to be allocated to strengthen capital in more prospective business lines. This step is considered crucial so that the regional enterprise (BUMD) no longer burdens the Regional Budget (APBD), but instead resumes its function as a contributor to Regional Original Revenue (PAD).
The West Java DPRD emphasized that strict supervision will continue to be carried out to ensure PT Jasa Sarana implements more professional corporate governance. Management improvement is considered the main key in restoring PT Jasa Sarana's credibility and performance in the future.
