Kadin DKI to help traders

Kadin DKI to help traders

JAKARTA: The Jakarta chapter of the Indonesian Chamber of
Commerce and Industry (Kadin DKI) vowed on Friday to help the
occupants of burned kiosks in the Tanah Abang textile market in
Central Jakarta, to retain their leases on the kiosks.

"We will help them find the best solution to the matter,"
Kadin Jakarta chairman Pungki B. Purwadi said as quoted by city-
owned news portal beritajakarta.com.

Pungki was responding to the demands of many kiosk owners for
the city administration to give them 30-year titles to their
kiosks.

Should such long-term leases be granted, they could be used as
collateral to access fresh capital.

Pungki added that Kadin DKI was also ready to help the traders
secure loans from the city-owned Bank DKI or state-owned Bank
Mandiri.

Over 2,500 kiosks were burned in the Feb. 19 fire that lasted
for four days. The market, which is dubbed the biggest in
Southeast Asia, will soon open again as the city-owned market
operator, PD Pasar Jaya, has started to build temporary kiosks in
the market's Block F parking lot. --JP