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Monday, 24 May 2021 09:28

Micro, Small and Medium Enterprises are Important Pillars of Indonesia's Economic Awakening

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President Joko Widodo emphasized that the role of Micro, Small and Medium Enterprises (MSMEs) is important for Indonesia's economic growth. Therefore, he appealed to all parties to continue to  support them. He made his remarks at the Proud of “Made in Indonesia” National Movement Festival in Yogyakarta-Solo-Semarang, held virtually  on Thursday (20/5).

President Joko Widodo also stated that the Micro, Small and Medium Enterprises businesses are spread throughout Indonesia. The types of businesses and their products are very diverse, involving many local communities, as well as creating new jobs and they are able to absorb a lot of employees. The government also wants to fill the momentum of National Awakening Day on  May 20  by accelerating the revival of Indonesian-made products. The resurgence of Indonesian Micro, Small and Medium Enterprises products, he said, is marked by the ability to produce high-quality products, dominating the domestic market, and more competitive in the global market.

To support the MSMEs’  progress, President Joko Widodo hopes that all parties will be involved and they take part in action  by providing the best places for them  to introduce and market their products. He also hopes that the products of the MSMEs can be placed in the storefronts of shopping centers, filling many airports, rest areas, tourism attractions, and other strategic places.

President Joko Widodo instructed the related stakeholders to prepare more space and interesting virtual events so that Indonesian Micro, Small and Medium Enterprises products are increasingly recognized and desirable so that people will love and be proud of Indonesian products.

On the same occasion, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsa Pandjaitan said that as many as 5.7 million units of Micro, Small and Medium Enterprises have entered the digital ecosystem. This number has been achieved since the commencement of the Proud of “Made in Indonesia” National Movement in May 2020 up to April 2021. According to Minister Luhut, the government will continue to encourage local artisans to graduate, enter e-commerce and increase their sales. He is also optimistic that the target of 30 million onboarding Micro, Small and Medium Enterprises by 2023 can be achieved with the cooperation of all parties.

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