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Jakarta Post

Village-owned companies face challenges

  • The Jakarta Post

Jakarta   /   Thu, January 23 2020   /  02:01 am

The government has set up many village-owned businesses (BUMDes) in the country in an effort to drive the rural economy, but some have been facing difficulty in growing their businesses amid their struggle for greater community participation due to differing visions and a lack of competency.Romdon Hadanursyamsih, a manager of the Karya Mandiri BUMDes of Hegarmanah village in Garut, West Java, said that the company had grown relatively well because it generally served to meet the daily needs of villagers. However, its growth had stagnated because of difficulties in recruiting local residents to run the company.“It is difficult to recruit all villagers, as we often find that they have a different vision from the current management on how to run the business,” Romdon told The Jakarta Post at a discussion on ...