JAKARTA - Minister of Cooperatives Ferry Juliantono assessed that the management of mines and oil palm plantations should not be handed over to the Red and White Village / Village Cooperative. This large-scale business is considered more appropriate to be handled by cooperatives that have been active in the production and industrial sectors.
"It's better not to be a Red and White Village/Village Cooperative," Ferry said at the Presidential Palace Complex, Jakarta, Wednesday, July 15.
Ferry explained that the Ministry of Cooperatives does not only take care of the Red and White Kopdes. The government also fosters cooperatives that have long been engaged in the fields of production, distribution, industry, and financial services.
According to Ferry, cooperatives in general can still manage mines or oil palm plantations. However, the scale of the business makes it unnecessary to burden Kopdes Merah Putih.
"Not only village cooperatives. Cooperatives that are large in size," he said.
Ferry said the Mineral and Coal Law has opened up space for cooperatives to manage mines and minerals.
The Ministry of Cooperatives has also worked with PT Agrinas Palma Nusantara to manage palm oil plasma plantations through cooperative business entities.
He emphasized that cooperatives are business entities such as limited liability companies or state-owned enterprises. Therefore, cooperatives can manage oil palm plantations to have crude palm oil or CPO factories.
Ferry came to the Palace to attend a limited meeting regarding the operations of the Red and White Kopdes. He estimated that the meeting discussed President Prabowo Subianto's directions during the National Cooperative Day commemoration.
The discussion includes plans to distribute subsidized goods through the Red and White Kopdes as well as financing with interest rates previously submitted by the President.
However, for the mining and palm oil business, Ferry again emphasized that the more appropriate choice is a cooperative with a large business capacity, not the entire Kopdes Merah Putih.
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