Jakarta, May 19 -- Coordinating Minister for Food, Zulkifli Hasan, has said that support from state-owned enterprises (SOEs) is key for the success of Red and White Village Cooperatives.

After a coordination meeting with SOEs Minister Erick Thohir and SOE leadership in Jakarta on Monday, Hasan informed that SOEs have agreed to play an important role in supporting village cooperatives.

One form of support is from state-owned banks, which will provide capital support with a ceiling of Rp3 billion (around US$182,291).

SOEs will also serve as suppliers of fertilizers, cooking oil, LPG, staple goods, and sugar through state logistics company Bulog and state food holding company ID Food.

State-owned postal company Pos Indonesia will also be...