Senin 23 Apr 2012 19:55 WIB

Traditional market would vanish in 12 years!

Rep: Dwi Murdaningsih/Satya Festiani / Red: Yeyen Rostiyani
Traditional market would be endangered soon? (illustration)
Foto: Antara/Septianda Perdana
Traditional market would be endangered soon? (illustration)

REPUBLIKA.CO.ID, JAKARTA – The population of traditional market in Indonesia is endangered as it decreases 8.1 percent per year. In the contrary, modern market grows 31.4 percent per year.

“On the next 12 years, traditional market would vanish and become a museum,” the Chairman of Itqoni Group, Irwan Khalis, said on Monday in Jakarta.

About 12 million Small Medium Enterprises (SME) are threatened to be out of job while 12 million suppliers will lose their order. He said traditional market should be maintained to encounter the competition from modern market.

He added, 52 trillion IDR investment is needed for traditional market. “With state budget less than 500 billion IDR per year for revitalization, many gaps should be filled by non-government,” he said.

The Director General of Domestic Trade in the Ministry of Trade, Gunaryo, said 50 percent of traditional market problems were caused by incomplete and inadequate facilities. The market mapping on 2010 showed 95 percent of market, or almost 4000 markets, in 12 provinces were more than 25 years old. “That is why we will revitalize traditional market,” he said. 

 

 

 

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