State-owned enterprise

• explain

  • state can be directly engaged in economic activity
  • SOEs are owned by the government and are created to provide goods and services that are important for the public and economy
  • commonly found in developing countries throughout the world, where the state has specific goals in improving the country's development, it may choose to own and manage business directly
• example

  • PUB in Singapore
  • provides sustainable and reliable water supply for the country, manage the water cycle and provide effective drainage and flood management