Public Policy Observer Dr H. Sakhyan Asmara MSP, said the government must encourage the textile company Texmaco to operate and become the 'King of Textiles' in Indonesia. Sakhyan said this, looking at the history of the textile company Texmaco which in the past has done a lot to increase the country's foreign exchange sources and has created many jobs for the community. "However, currently Texmaco is at a stalemate due to the 1998 economic crisis and until now Texmaco has not been able to operate," he said in a written press statement, Friday (10/12).

 Sakhyan said, in a recent publication by the Ministry of Finance, it was stated that the Government had issued Presidential Decree No. 6 of 2021 concerning the Task Force for Handling State Collection Rights for Bank Indonesia Liquidity Assistance Funds.

The objectives are, among others, in the context of handling and recovering state rights in the form of state claims for remaining state receivables from Bank Indonesia Liquidity Assistance funds and property assets.

It is said, the Bank Indonesia Liquidity Assistance Fund scandal, known as the BLBI scandal, is a mega scandal involving conglomerates that have been the center of public attention, including Trijono Gondokusumo - Bank Putra Surya Perkasa, Kaharudin Ongko - National Commercial Bank (BUN), Sjamsul Nursalim – Bank Dewa Rutji, Sujanto Gondokusumo – Bank Dharmala, Hindarto Tantular/Anton Tantular – Bank Central Dagang, and Marimutu Sinivasan – the Texmaco Group who are also said to be involved in the BLBI scandal.

However, in his press statement a few days ago, the boss of Texmaco Marimutu Sinivasan, emphasized that Texmaco had never received and never had Bank Indonesia Liquidity Assistance (BLBI) based on documents and evidence held by the Texmaco Group.

However, Marimutu Sinivasan admits that his business group has an obligation (debt) to the state in the amount of IDR 8,095,492,760,391. This commercial debt can be returned by Texmaco Group within 7 (seven) years, namely 2 years of grace period and 5 years of settlement if Texmaco can operate.

According to Sakhyan, this is a good opportunity for the government to revive the textile industry sector in Indonesia, considering that Marimutu Sinivasan is very skilled in this field.

For this reason, Sakhyan who is also the Head of the Medan “Development” College of Communication Studies, hopes that the government will open productive communication with Texmaco so that the company can run and its debt to the state can be returned. "This is a win-win solution," said Sakhyan.

Meanwhile, the Indonesian Indian Community Leader who is active in the national arena, Tonny Silvaraj, said that with the re-operation of the Texmaco Group, it would create massive job opportunities.

“In the past, when Texmaco was still running, this company, said Tonny, had absorbed 30,000 workers. It's not a small amount. If Texmaco operates, it will definitely have an impact on the creation of workers from upstream to downstream industries."

With the existence of the textile company Texmaco, it is hoped that Indonesia will be able to meet domestic textile needs. And Texmaco can also export its production to world markets and encourage the rise of the most sophisticated manufacturing company that Texmaco has ever owned in Indonesia.

The product is good and the price is cheap. Texmaco is one of the companies that cooperated with the government to supply the components needed in the Indonesian defense industry, namely PT. Pindad. "An example of a successful product that has been used is the 'mighty' truck used by the Indonesian Army," said Tonny Silvaraj.