Indonesia Targets 2023 Completion Date For Garuda Restructuring

Garuda
Credit: Rob Finlayson
The restructuring process for government-owned Garuda Indonesia will likely complete by 2023, as a soft takeover by a state-run holding company is set to commence in phases from the fourth quarter of 2021. Edwin Hidayat Abdullah, a senior project management official in the ministry of state-owned...

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