TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Government to evaluate defense-related SOEs

  • Novan Iman Santosa

    The Jakarta Post

Jakarta   /   Tue, March 1 2011   /  02:03 am

The government reaffirmed on Monday its commitment to support the domestic weapons industry by setting up programs for the Defense Industry Policy Committee (KKIP) to be implemented this year.

“This year’s programs include evaluating the performance of defense state-owned enterprises,” Defense Minister Purnomo Yusgiantoro told a press conference after a KKIP plenary meeting at the Defense Ministry.

“There are already plenty of funds for us to procure domestic-made weapons,” he said without giving exact numbers.

The one-day meeting also evaluated KKIP’s programs in 2010.

Purnomo, who heads the KKIP, said the government was also encouraging state defense companies to enter the ASEAN’s US$20 billion defense market.

Also at the meeting were State-Owned Enterprises Minister and KKIP vice chairman Mustafa Abubakar, Industry Minister MS Hidayat, ...