Government to revitalize 1,000 traditional market centers in 2017

19 Oktober, 2016 | Source: Antara News

The government will build and revitalize 1,000 traditional market centers in 2017 at a total cost of Rp3.7 trillion Fund.

The Trade Ministry would build and revitalize 272 of the markets with the Aid Task Fund and 52 carry over project from 2016, Trade Minister Enggartiasto Lukita said.

The remaining 728 units would be built and revitalized with the Special Allocation Fund (DAK) and fund from the Ministry of Cooperatives and Small and Medium Enterprises..

Enggartiasto said the trade ministry had carry over projects to be implemented in 2017 was as a result of the cut in the budget for all ministries and government agencies including the trade ministry.

"We will give priority to development of small traditional markets . The development and revitalization program would follow standardization of market and system of management," he said.

With the system the markets would be well maintained, he added.

"Currently the traders pay fee but there is no accountability of the fee from the market management. The market management charges fee but the fund is not used to improve the service and for the maintenance of the market," the minister said.

In 2015, the government plans to build and revitalize 1,017 traditional market centers, including 182 units to be financed with TP fund, 770 units with DAK and 65 units with fund from the the Ministry of Cooperatives and Small and Medium Enterprises.

Implementation of the plan in 2016 reached 99 percent with 1,002 units of market built and revitalized.

In 2016, development of traditional markets with TP fund, 168 units with a budget of Rp1.46 trillion and 710 units within DAK of Rp1.006 trillion.(*)

 

Indonesia`s economic growth reached a five-year high of 5.17 percent in 2018, mostly fueled by household consumption, investment, and government spending, according to the Central Statistics Agency (BPS).
tate-owned train maker PT Industri Kereta Api (Inka) sent on Sunday 15 train cars to Bangladesh, a portion of 250 train cars to be exported to the country this year after the company exported 200 train cars to the country in 2006 and 2016.
US companies perceive Indonesia as a potential regional hub for conducting their business and trade, Indonesia`s Trade Minister Enggartiasto Lukita stated.
Indonesia has eyed export of liquefied natural gas (LNG) to Cambodia to meet the demand for power plants in the country, Vice President Jusuf Kalla said here on Wednesday.
Indonesian Vice President Jusuf Kalla and Cambodian Prime Minister Hun Sen held bilateral talks at the Lotus Blanc Resort, Siem Reap, Cambodia, on Wednesday morning, to discuss the development of cooperation between both nations.
Economic diplomacy has become one of the priorities of the Indonesian foreign policy by boosting the country′s economic and trade cooperation with African, Central, and South American countries, Foreign Minister Retno L. P. Marsudi stated.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu