Political analyst Fernando Emas asserts that state-owned enterprises (SOEs) in Indonesia are fundamentally public entities. These companies operate using state capital, manage national assets, and are ultimately accountable to the Indonesian people. Emas emphasized that SOEs should not be viewed as venues for distributing positions based on political affiliations. Their operation requires transparency and a focus on responsible management of public funds. The analyst’s statement highlights concerns regarding potential misuse of SOEs for political gain, underscoring the need for qualified professionals leading these crucial national assets. Proper oversight and professional leadership are essential to ensure SOEs fulfill their economic and societal roles effectively.