Prams Want Pam Jaya IPO: Not Liberalization but to oversee

Jakarta -DKI Jakarta -Governor Pramono Anung emphasized that the Pam Jaya transformation plan to become a regional business (Perseroda) will be followed by an initial public offer (IPO). According to him, the move was important, so that the public participated in water management supervision, no longer just in the hands of the government. “This change has not been made for liberalization, but to provide space that this company that controls is no longer the governor or the supervisory board, but there is the Council of Commissioners, the Public, Parliament, and so on,” said Pramono when he spoke to the National Seminar with the Unhan Water Management in the Borobudur Hotel, Central -Jakarta Tuesday (30/9/2025). Pramono assessed that public involvement and various supervisory institutions would make Pam Jaya management more transparent and accountable. Therefore, after his status has changed to Perseroda, he asked Pam Jaya to be prepared immediately to take the floor on the stock market. Browse to continue the content “Later if it became Pam Jaya, I ask to do an IPO. Why is it done? So that someone who becomes the directors becomes the commissioner, the public is no longer the governor,” he emphasized. He emphasized that the flexibility of business entities is needed, so that Pam Jaya can work together in a multisectoral way to improve clean water services in Jakarta. According to him, this transformation is not a matter of profit, but to strengthen professionalism. For example, professional recruitment at Bumd Pramono is an example of the implementation of the professional recruitment system he has performed in a number of bumds and other institutions. He claims that he did not appoint a single directors because the entire selection process was performed by an independent team. He said the president of the president (managing director) of bank to other SOEs was chosen on the basis of professionalism. “Because why? Professionalism. I had a cabinet secretary at the time, but I never met,” he said. “This is the professionalism we want to build, and hopefully this Pam Jaya will be a good initial capital for Pam Jaya to develop later if it is indeed getting the opportunity for the bursary trading so that management will be better,” he added. Pramono hopes that the process of structuring Pam Jaya can be accompanied by all parties, so that clean water services will be fairer and target, especially for poor people. (Call/JBR)