Indonesia to pair 100 SMEs with South Korean SMEs
The Jakarta Post
The Jakarta Post
The Indonesian and South Korean governments have agreed to pair 100 small and medium
enterprises (SMEs), allowing Indonesian SMEs to promote products in South Korea
and attract more investment from the country.
South Korea's Busan Indonesia Center (BIC) has prepared an exhibition center for Indonesian SME products and reliable marketers to promote the products, said the secretary to the cooperatives and small and medium enterprises minister, Agus Muharram.
"One hundred Indonesian SMEs will partner with South Korean SMEs. They manufacture metal goods, mechanical tools, information and technology components, software and processed foods," he said as quoted by kompas.com in Jakarta on Thursday.
The partnership, he continued, could also boost South Korea's investment in Indonesia as well as encourage technology transfer between the two countries. It is a follow up on cooperation previously agreed to with the Korea Trade-Investment Promotion Agency.
"The cooperation is aimed at developing high-class, locally manufactured products through the one-village-one-product approach carried out by cooperatives," Agus said. (ags)
You might also like :
- Sandiaga Uno to establish sharia tourism zone in Jakarta
- Obama, entourage arrive in Yogyakarta
- Indonesia should think twice about military aid for Philippines: Expert
- Death toll in Marawi could rise 'significantly': Military
- Palace denies President and Vice President to get salary increases
- XL Axiata records 218% increase in data services
- Myanmar journalists charged, held in jail for covering armed group
- 17 new routes opened at AP II airports so far this year
- Fourth suspect named in N. Sumatra Police attack
- Government to flood market with frozen buffalo meat