Venture capital body

Venture capital body

JAKARTA (JP): The Minister of Finance, Mar'ie Muhammad, said
yesterday the government would help establish a venture capital
monitoring body to oversee the operation of Indonesia's 20
venture capital firms.

Mar'ie said the body would also provide market information and
training for venture capital firm managers.

"This body will help them form a network, including one for
trading, and find overseas market opportunities," Mar'ie said
after receiving venture capital managers, commissioners and
shareholders.

The establishment of the venture capital firms was sponsored
by state-owned venture capital firm Bahana Artha Ventura in
cooperation with local businesspeople. (rid)