Tuesday, 09 April 2024 07:44

LPEI Encourages 104 SMEs to Expand Export Markets

Indonesia Eximbank has successfully assisted 104 Indonesian exporters in securing new buyers from various countries, with business agreements totaling IDR 1 billion. Collaborating closely with Trade Attaches, the Indonesian Trade Promotion Center (ITPC), Export Associations, Export Centers, and the Indonesian diaspora, Indonesia Eximbank facilitated SMEs in accessing global markets, supporting the government's efforts to boost national exports. Between January and March 2024, Indonesia Eximbank conducted 14 business matching sessions involving over 500 export-oriented SMEs with potential buyers from countries including Canada, the Netherlands, the United Arab Emirates, Germany, and Australia. Ilham Mustafa, Head of Consulting Services Division at Indonesia Eximbank, emphasized their goal of empowering SMEs to compete globally through foreign market expansion, enriching their experience in interacting with international buyers.


Beyond connecting with international buyers, Indonesia Eximbank also provides SMEs with insights into identifying new business opportunities and forming sustainable partnerships. Among the success stories is CV Sabila Multi Kreasindo from Magelang, Central Java, which secured a container-sized order of home decor to the United States. Another noteworthy achievement is Unikayo, a culinary business from Payakumbuh, West Sumatra, which successfully promoted its rendang products internationally. Through Indonesia Eximbank's assistance, Unikayo secured a pre-order of 20 kilograms of rendang paste to New Zealand. Both companies expressed gratitude for Indonesia Eximbank's mentoring and guidance, which played a crucial role in their journey to penetrate global markets. These success stories underscore the importance of strategic support in helping Indonesian SMEs expand their presence internationally, contributing to the country's export growth and economic development.

Source: https://indonesiainside.id/ekonomi/2024/04/07/lpei-dorong-104-pelaku-ukm-perluas-pasar-ekspor

 

 

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