Village-owned enterprise

BUMDes-run convenience store in Kebumen Regency

A village-owned enterprise (Indonesian: Badan Usaha Milik Desa), often shortened to BUMDes or BUM Desa, is a type of company that is managed and established by an Indonesian village. These companies span a wide array of industries, from agriculture and mining to tourism and retail. BUMDes are a relatively recent development in Indonesia, first appearing in the aftermath of fall of Suharto and the rapid decentralization that followed. As of 2022, according to data from the Ministry of Villages, Development of Disadvantaged Regions, and Transmigration, there are total of 74,691 registered BUMDes. However, due to bureaucratic difficulties, only around 10 percent (7,902) are certified as legal entities as of 2022.