Perum Jamkrindo Works on Suretyship Semen Baturaja

By : Wiyanto Dan Aldo Bella Putra | Thursday, May 17 2018 - 16:30 IWST

Dirut Perum Jamkrindo, Randi Anto bersama Menteri BUMN Rini Soemarno
Dirut Perum Jamkrindo, Randi Anto bersama Menteri BUMN Rini Soemarno

INDUSTRY.co.id - Jakarta - Minister of State-Owned Enterprises (SOE) Rini Soemarno attended the signing of Cooperation Agreement between Perum Jamkrindo and PT Semen Baturaja (Persero) Tbk related to the guarantee of suretyship online.

The signing was done by President Director of Perum Jamkrindo Randi Anto and President Director of PT. Semen Baturaja (Persero) Tbk Rahmad Pribadi was also witnessed by the Deputy of the Ministry of SOEs in the field of Financial Services, Survey and Consultant Service of the Ministry of SOE, Gatot Trihargo; Deputy of Energy Business, Logistics, Regions and Tourism Ministry of SOE, Edwin Hidayat Abdullah; Deputy of Construction and Transportation Facilities and Infrastructure of the Ministry of State-Owned Enterprises, Ahmad Bambang; and also Assistant Deputy for Financial Services Business, Survey Services and Consultant I Ministry of SOEs, Bandung Pardede.

In his speech, Rini said that the importance of synergy among state-owned companies to improve efficiency, in addition, with synergy can also improve inequality and to state economic welfare in all regions in Indonesia and become agents of development

"SOEs should not only think about profits, but how to help build the environment and contribute to the development of the Indonesian economy," he said in Jakarta, Thursday (17/05/2018).

President Director of Perum Jamkrindo, Randi Anto, said this cooperation is one form of breakthrough in terms of synergy SOEs. "The scope of Cooperation Agreement (PKS) is a business cooperation to optimize business activities," said Randi Anto. The online suretyship guarantee cooperation consists of Bid Security, Execution Guarantee, Advance Payment, and Maintenance Guarantee.

With the existence of online suretyship, the recipient of the work or vendor PT Semen Baturaja (Persero) Tbk no longer need to come to the office nearest Perum Jamkrindo to apply for guarantee. A total of 300 vendors are enough to come to PT Semen Baturaja (Persero) Tbk to fill the digital form independently. "With the breakthrough, the process of guarantee submission becomes easier and more efficient, so in the management of tender documents the contractors will be helped by the presence of Perum Jamkrindo in providing services to guarantee the project in the same time and place at the office of PT Semen Baturaja (Persero) Tbk, "he said.

Randi added that this cooperation is a strategic step to optimize the utilization of business potential to increase the synergy and the smoothness of business activities of both parties with the principle of mutual benefit. Perum Jamkrindo can target the potential of guarantee volume from PT Semen Baturaja (Persero) Tbk's Capex and Opex value, meanwhile PT Semen Baturaja (Persero) gets better control and data base management. "Because there is a digital track record, of course the databases are better. PT Semen Baturaja (Persero) Tbk can more easily monitor which projects are not guaranteed, thereby increasing the optimization of capital expenditure absorption, "he said.

In Perum Jamkrindo, business lines for suretyship and non-bank guarantee are still very potential. Recorded volume of Suretyship and Underwriting Guarantee in 2017 reached Rp 27.44 trillion or 20.27% of the total underwriting at Perum Jamkrindo amounting to Rp 135.36 trillion.

 With the cooperation, he hopes the synergy and collaboration with PT Semen Baturaja (Persero) Tbk is getting stronger. Randi hopes that the breakthrough that has been Perum Jamkrindo can be applied in the SOE companies and other private companies. "This cooperation is an important milestone to support synergies that have a greater impact," he said.

News Comment

Today's Industry

Rena Chua, Bug Bounty Advisor at HackerOne (Photo by Linkedin)

Kamis, 06 Agustus 2020 - 18:15 WIB

Securing More with Less — How to Maximise Security Coverage while Reducing Costs Usings Hacker-Powered Security

Remember those days, pre-pandemic, when you thought your security scope was complex? But now, with employees working from home, new video and collaboration apps being rolled into daily workflows,…

Trisha Paine, Head of Cloud Marketing Programs, at Check Point Software Technologies

Kamis, 06 Agustus 2020 - 17:30 WIB

Striving to Achieve High Fidelity Cloud Security

Several attributes make posture management a particularly challenging component of maintaining cloud security. For starters, you cannot secure or scale a rapidly growing quantity and variety…

Luke Tucker, Senior Director of Community at HackerOne (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 22:00 WIB

Security Engineers by Day, Hackers by Night – An Interview with Two of Singapore’s Top Ethical Hackers

Over the years, the perception of the term “hacker” has changed. Once seen as only criminals, there are now over 800,000 registered security professionals on HackerOne, the world’s trusted…

Patrick Carey, Director of Product Marketing, Synopsys (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 21:45 WIB

Developers are Not Security Experts, but They can be with The Right Tools

Software has revolutionised the way in which we work, live and play. This is particularly true in the realm of software security, as development teams are releasing code faster than ever before.

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Rabu, 05 Agustus 2020 - 21:25 WIB

5 Reasons Why You Need Collaborative Automation For Today's World

The benefits of collaborative automation are undisputed – more profitability, productivity, flexibility, higher quality and even more employee satisfaction.