{
    "success": true,
    "data": {
        "id": 1066853,
        "msgid": "state-firms-must-cooperate-with-foreign-entities-1447893297",
        "date": "1996-07-04 00:00:00",
        "title": "'State firms must cooperate with foreign entities'",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "'State firms must cooperate with foreign entities' JAKARTA (JP): State-owned plantation firms PT Perkebunan Nusantara I to XIV will have to establish alliances with foreign partners in the future if they are to survive international competition, an official said yesterday.",
        "content": "<p>'State firms must cooperate with foreign entities'<\/p>\n<p>JAKARTA (JP): State-owned plantation firms PT Perkebunan<br>\nNusantara I to XIV will have to establish alliances with foreign<br>\npartners in the future if they are to survive international<br>\ncompetition, an official said yesterday.<\/p>\n<p>The head of the sugar, molasses and tobacco division of the<br>\nplantation companies' joint marketing office, Jack Laybahas, said<br>\nthat the alliances will enable the firms to penetrate the<br>\ninternational market and expand their distribution networks.<\/p>\n<p>He said the alliances should be established with companies<br>\nlocated in export markets as well as with their governments.<\/p>\n<p>All cooperation, he said, should be aimed at accommodating the<br>\ntransfer of technology, the development of human resources and<br>\nmanagerial skills and to expand marketing networks.<\/p>\n<p>Earlier this year, the government restructured the state<br>\nplantation firms by merging 26 into 14 entities to boost their<br>\nefficiency.<\/p>\n<p>The 14 plantation firms, renamed as PT Perkebunan Nusantara<br>\nI-XIV, were established with a paid-up capital of between Rp 300<br>\nbillion (US$130,434) and Rp 1.7 trillion each.<\/p>\n<p>Laybahas was quoted by a statement issued by the Ministry of<br>\nAgriculture yesterday as saying that alliances will help increase<br>\nthe competitive edge of the commodities produced by the<br>\nplantation firms.<\/p>\n<p>He pointed out that engaging in partnerships with foreign<br>\nentities will also help ease many complicated procedures such as<br>\nlicensing, marketing and the provision of raw-material, labor,<br>\ntechnical assistance and other local economic resources.<\/p>\n<p>\"Another advantage is that we can anticipate the negative<br>\nimpacts of globalization, such as dumping practices and piracy.<br>\nAlliances will help the partners complement what the others don't<br>\nhave and change rivalry into cooperation,\" he said.<\/p>\n<p>The commodities with the potential to be developed under<br>\npartnership programs are palm oil, rubber, tea, coffee and cacao.<\/p>\n<p>The transfer of technology for palm oil processing in<br>\nparticular is now urgently needed, Laybahas added. (pwn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/state-firms-must-cooperate-with-foreign-entities-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}