Denpasar, Bali, July 28 -- The Ministry of Transmigration has announced plans to establish Transmigrant-Owned Enterprises (BUMT), which are community-based economic entities centered on land as the core asset, with transmigrants as the majority shareholders.

"Transmigration must once again serve as a strategic bridge between capital and the people's needs, between growth and equity, and between land ownership and sustainable productivity," Transmigration Minister Iftitah Sulaiman stated during a press conference at the National Technical Working Meeting on Transmigration in Denpasar on Monday.

According to Sulaiman, BUMT aims to ensure transmigrants are not just workers but also majority shareholders and equal partners with the private ...