Depok, June 19 -- Coordinating Minister for Community Empowerment Abdul Muhaimin Iskandar highlighted the significance of collaboration between village-owned enterprises (BUMDes) and the Red and White Cooperative as key drivers of the local economy.

"The collaboration between BUMDes and the Red and White Cooperative must become a grassroots economic force. Through this synergy, we can encourage inclusive, sustainable village economic growth and create jobs," the minister stated at the opening of the National Seminar titled " Optimalisasi Kelembagaan Ekonomi Desa Menuju Masyarakat Berdaya" at the University of Indonesia in Depok, West Java, Thursday.

For a decade, BUMDes operated in more than 60 thousand villages, while the Red and White...