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Deputy Minister of Finance Suahasil Nazara during Property Outlook 2020 in Jakarta on Wednesday. (18/12/2019) (ANTARA)

Deputy Minister of Finance Suahasil Nazara has pushed for efforts to augment state assets in the form of property, including buildings, in order to sustain the Indonesian economy in the midst of the rising global turmoil.

"We have many state assets. The assets should be optimized for business," Nazara remarked in Jakarta on Wednesday.

The first step to be taken is to organize the administration and ensure ownership to offer greater clarity on its completeness and status. The utilization of state assets in the form of property can be maximized.

Suahasil explained that thereafter, the state assets, in the form of buildings, must also be managed and utilized most favorably so that they have added value for state revenue.

He remarked that to this end, the Directorate General of State Assets (DJKN) will continue to work closely with various parties, such as the State Asset Management Institute (LMAN) and PT Sarana Multi Infrastruktur (SMI), in managing the country's assets.

Suahasil explained that the cooperation aimed to map various state assets spread across Indonesia, such as the central government, that has assets in cities and regions as well as local government assets.

On the other hand, he emphasized that coordination would not suffice if it were to only involve one or two parties. Business players, especially the property sector, should be invited to make the management more professional.
Suahasil remarked that state assets in the form of property were utilized for the prosperity of the people, as the sector was deemed important and able to drive Indonesia's economy.

In the meantime, Director General of State Assets of the Ministry of Finance Isa Rachmatarwata stated that efforts to optimize state-owned property are not only for profit but also to create an ecosystem brimming with economic activities.

"It is not just the revenue, but we also want to create new economic activities," Rachmatarwata stated.

Director of State Property (BMN) Encep Sudarwan remarked that the optimization of state assets could reflect the government’s potential in conducting development. (ANTARA)