Enhancing regional competitiveness through village owned enterprise in East Priangan Indonesia

Soeling D. Pantius, Wijaya Chandra, Indriati Fibria

Research output: Contribution to journalReview article

Abstract

The improvement of the competitiveness of a country can not be separated from the competitiveness of the territory beneath it and the smallest area according to the rule of law is the village or kelurahan in the region. With the issuance of RI Law no. 6 year 2014 about the village, it is expected the village to be strong, advanced, independent, and democratic so as to create a strong foundation in implementing governance and development towards a just, prosperous and prosperous society. Village Owned Enterprise (BUMDes) is a form of strengthening to the village economic institutions as well as a means of utilizing the local economy with various types of potential in the village. BUMDes can be the backbone of the village government's economy in order to achieve increased welfare and employment. Based on PP N. 60 Year 2014 on Village Funds, BUMDes has 4 objectives: (1) Improving Village Economy, (2) Increasing Village Original Income, (3) Improve management of village potentials in accordance with community needs, and (4) Become the backbone of growth and equity of village economy.

Original languageEnglish
Pages (from-to)723-734
Number of pages12
JournalAstra Salvensis
Volume6
Publication statusPublished - 1 Jan 2018

Keywords

  • Regional competitiveness
  • Sustainable development
  • Village owned enterprise

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