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The Ministry of Industry (Kemenperin) has taken various strategic steps to improve the performance of the textile and textile product (TPT) industry to make it more productive and competitive, one of which is through the provision of machine price discounts. This program is also part of the implementation of the Making Indonesia 4.0 roadmap, which makes the textile sector one of the priorities.

“This incentive is a stimulus for companies to use machines and equipment that are more modern, efficient, energy efficient and more environmentally friendly. To date, there are ten companies that have been approved to take advantage of this program through the Agreement on the Provision of Discounted Reimbursements (P4H)," said Director of the Textile, Leather and Footwear Industry of the Ministry of Industry, Elis Masitoh in Jakarta, quoted on Saturday (2/7/2022). ).

Elis said, in 2022, the Ministry of Industry's budget for providing incentives for engine price discounts is IDR 5 billion. Until June 27, 2022, the Ministry of Industry has approved discounts for 10 companies that have stimulated investment in new machines from the industry amounting to IDR 53.9 billion.

The total discounted price given is Rp. 3.07 billion, so there is still a budget of Rp. 1.93 billion which is planned to be realized in July 2022.

He said, for the 10 companies that received this program, previously there had been document and legal verification by the Program Operations Management Agency (LPOP), verification of business feasibility, reasonableness of machine/equipment prices, reasonableness of the chronology of purchase and payment documents as well as field verification by the Independent Appraisal Agency (Independence Appraisal Agency). LPI).

Then, discussions were also held in technical team meetings (RTT) I and II which were attended by members of the technical team from various Ministries/Institutions, the Regional Industry Service, representatives of associations and experts in the textile sector.