Government Plans to Revive State-Owned Textile Enterprise

Addressing Basic Needs and Industry Stability

The Indonesian government is considering reviving a state-owned textile enterprise (BUMN) to meet the country's fundamental needs and stabilize the textile industry. According to Bambang Haryo Soekartono, a member of the DPR RI from the Gerindra Party, clothing is a basic necessity that should be prioritized by the state.

Constitutional Mandate and Industry Impact

Bambang emphasized that the constitution mandates the state to fulfill basic needs, including clothing. The proposed BUMN is expected to serve as a stabilizer for the thousands of textile industries in Indonesia, preventing cartelization and ensuring affordable prices for consumers.

Role of BUMN in Market Regulation

The planned state-owned enterprise is anticipated to play a crucial role in regulating the market. By having a government-backed entity in the textile sector, the government aims to prevent price manipulation and ensure a stable supply of clothing, which is considered a basic necessity.