REPUBLIKA.CO.ID, JAKARTA -- Chairman of OJK's board of commissioners, Muliaman D Hadad said that there was a solution to finance the maritime sector and fishermen. One of them by encouraging fishermen to get financial assistance and simplifying the loan terms.

"Our marine sector is still underdeveloped. In the next five years, the paradigm of marine sector should be different. It must give us the added value," Hadad said recently.

Hence, OJK and banks will provide long term solution by involving all stakeholders to join stock market. There are 17 new employers with a total commission of 9.2 trillion IDR. They will get debt securities, so that they can issue bond to conventional or Islamic banks.

Vice Chairman of Indonesian Chamber of Commerce and Industry (Kadin) for Maritime Sector, Yugi Prayanto said that all stakeholders should encourage marine and fisheries sectors as the potential was very large. However, it has not been utilized optimally.

"Therefore, we invite OJK, banks and lending institution to discuss this issue," Prayanto said.

Kadin Indonesia also encourage the development of businesses in this sector by improving access to banking financing. Banking support for these sector is still very low compared to other sectors. Kadin Indonesia asked OJK to issue a special regulation to boost lending to marine and fisheries sector.

Loan distribution to these sectors is still small about 12.5 trillion or less then one percent of total credit.

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