Government explores new options for textile SOEs, says Danantara

The Danantara Investment Management Agency is exploring options for the development of the textile industry through the formation of new entities or the strengthening of existing state-owned enterprises (SOEs).

Speaking at the Presidential Palace on Tuesday (22/9), the CEO of Danantara, who also serves as the Minister of Investment and Downstreaming, Rosan Roelseani, stated that textile SOEs deemed to have potential could be developed through the modernisation of machinery and production technology.