Is a business entity in which all or most of the capital is owned by the state through direct investments originating from the separated state property.
Here are some of the role of state owned enterprises in the national economy:
a. Produce goods and services required by the community.
b. Pioneer or a trailblazer in the sectors that have not enjoyed by private business.
c. implementing public services, such as building roads, schools or health facilities and provision of clean water.
d. Contributor to the forces of large private and assisting the development of small businesses and cooperatives.
e. Sources such as state revenue from taxes, corporate profits and production.
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