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Indonesian ministries collaborate to support SMEs

Friday, 30 December 2016 | Barratut Taqiyyah Rafie

JAKARTA. Cooperatives and Small and Medium Enterprises Ministry said on Thursday that it would strengthen collaboration with the State-owned Enterprises (SOEs) Ministry to help small and medium enterprises expand.

The two ministries plan to integrate business service centers and SOE Creative Houses across the country since the institutions shared the aim of providing solutions for SMEs in regard to product development, access to financing, human resource development and others.

“The service centers and SOE Creative Houses have the same goal, which is to boost the quality of SMEs and cooperatives,” Cooperatives and SMEs Minister Anak Agung Gede Ngurah Puspayoga told reporters at the ministry in Jakarta.

The Cooperatives and SMEs Ministry currently has 49 service centers in 24 provinces, with 293 experts recruited by the ministry to guide SMEs, Yuana Setyowati, assistant for business restructuring at the ministry told The Jakarta Post.

“We have reached an agreement with Bank Mandiri to integrate the two institutions at three locations, and with Telkom at five locations next year,” she said, referring to the state-owned lender and telecommunications and state-owned internet provider, respectively. (Winny Tang)

Source : The Jakarta Post

Reporter: Barratut Taqiyyah Rafie
Editor: Barratut Taqiyyah