Eliminate the high cost economy: Kadin
Eliminate the high cost economy: Kadin
JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) has called on the government to eliminate the high cost components of the economy, to stop preferential treatment of certain groups and improve the professionalism of civil servants.
"We view these steps as necessary to support our industrialization process to build a strong industry in this country," said Kadin in a statement, issued at the end of a two- day working conference, yesterday.
It said that the country's industry is still weak, as indicated by the slow growth of agroindustry and its dependence on the import of components and raw materials.
"We support every form of partnership between the big and small companies within the framework to strengthen our industrial structure," said the private business organization.
The government, it said, should take necessary steps to correct the sharp inequality in the ownership of productive assets.
"The government should also tackle the problem of the economic gap, the development gap between the eastern part and the western part of Indonesia and the gap between big and small companies," it said.
To enhance a more equitable distribution of income, it called for an enlarged access of small and medium size companies to credit and business opportunities and for incentives for investors willing to do business in the eastern region.
Kadin, the statement said, should work together with the government in formulating economic policies.
"We are extremely willing to become the partner of the government in formulating economic measures," it said.
Kadin will soon set up a team to study the problem of the high cost economy and work out effective ways of rooting out the sources of the high costs.
"We'll also continue to educate our members to honor business ethics and keep improving their efficiency and productivity which is imperative to enable them to benefit from the increasingly liberalized trade," the statement said. (13)