News
Krakatau Steel`s privatization could harm national interest, lawmaker says
Selasa, 22 April 2008 | 07:06 WIB
Jakarta, NU Online
The government should cancel its plan to privatize state-owned steel company Krakatau Steel if the move means sacrificing the country`s ability to meet its defense needs, a legislator said.
"The privatization of the steel company should not harm the country`s interest, much less sacrifice the interest of the nation`s defense needs," Mutammimul Ula, a member of the House of Representatives (DPR`s) Commission I on defense affairs, said.<>
The lawmaker was commenting here on Monday on the government`s plan to privatize Krakatau Steel through the Ministry of State Enterprises.
"Almost all of the country`s main armament industries need iron ore as raw material. National metal industries have contributed a lot to the procurement of the nation`s main defense system equipment (Alutsista)," he said.
He said the government should show its commitment to empowering national defense industries, in this case Krakatau Steel as a state-owned strategic industry, to maximize its production capacity.
Being a strategic asset, Krakatau Steel should be maintained as it was the government`s mainstay to develop domestic defense industries, he said.
"We should not lose our strength as a state by letting foreigners take over all of our assets. Therefore, I want to stress once again that the government should cancel its plan to privatize Krakatau Steel," Ula was quoted by Antara as saying. (dar)
The government should cancel its plan to privatize state-owned steel company Krakatau Steel if the move means sacrificing the country`s ability to meet its defense needs, a legislator said.
"The privatization of the steel company should not harm the country`s interest, much less sacrifice the interest of the nation`s defense needs," Mutammimul Ula, a member of the House of Representatives (DPR`s) Commission I on defense affairs, said.<>
The lawmaker was commenting here on Monday on the government`s plan to privatize Krakatau Steel through the Ministry of State Enterprises.
"Almost all of the country`s main armament industries need iron ore as raw material. National metal industries have contributed a lot to the procurement of the nation`s main defense system equipment (Alutsista)," he said.
He said the government should show its commitment to empowering national defense industries, in this case Krakatau Steel as a state-owned strategic industry, to maximize its production capacity.
Being a strategic asset, Krakatau Steel should be maintained as it was the government`s mainstay to develop domestic defense industries, he said.
"We should not lose our strength as a state by letting foreigners take over all of our assets. Therefore, I want to stress once again that the government should cancel its plan to privatize Krakatau Steel," Ula was quoted by Antara as saying. (dar)
