State-Owned Enterprises (SOEs)

State-Owned Enterprises (SOEs) are businesses owned and operated by the government. They are created to provide essential services or goods, support economic development, and manage resources that are important to the country's interests. Unlike private companies, SOEs serve public goals rather than solely focusing on profit. Examples include national oil companies, postal services, or public transportation providers. They are funded and overseen by government authorities, which helps ensure that their operations align with national policies and social objectives.