Joko Widodo Inaugurates BRI UMKM EXPO, Boosting Indonesian MSMEs on Global Stage

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Indonesian President Joko Widodo Applauds BRI’s Support in Advancing MSMEs at UMKM EXPO(RT) BRILIANPRENEUR 2023

JAKARTA, Indonesia, Dec. 8, 2023 – Indonesian President, Joko Widodo, commended Bank Rakyat Indonesia (BRI) for its dedication to empowering Indonesian micro, small, and medium enterprises (MSMEs) during the inauguration of the UMKM EXPO(RT) BRILIANPRENEUR 2023. The event, held at the Jakarta Convention Center (JCC) on December 7, 2023, not only celebrated BRI’s 128th anniversary but also served as a platform for local MSMEs to connect with international buyers and foster their growth.

Under the theme Crafting Global Connection, the prestigious expo witnessed the participation of 700 MSMEs spanning various industries, marking the 5th edition of the exhibition. The President emphasized the importance of MSMEs embracing digitalization and expanding their presence in local and global markets, while acknowledging the sheer size of Indonesia’s domestic market.

Minister of State-Owned Enterprises, Erick Thohir, also praised BRI’s initiatives, citing events like UMKM EXPO(RT) BRILIANPRENEUR 2023 as crucial economic cornerstones. Thohir highlighted that the success of these programs ultimately stimulates real business activities, thereby contributing to overall economic growth. He further noted BRI’s commendable banking performance.

Sunarso, BRI’s President Director, reiterated the institution’s commitment to enhancing Indonesian MSMEs by recognizing significant opportunities for local products in the global market. He noted the competitiveness of Indonesian creations in terms of quality, explaining that the value of agreements through BRI UMKM EXPO(RT) BRILIANPRENEUR’s business matching has been growing steadily year after year.

Curated MSMEs, categorized into Home Decor & Craft, Food & Beverage, Accessories & Beauty, Fashion & Textiles, and Healthcare/Wellness, participated in the three-day event. The primary objective was to connect Indonesian MSMEs with global markets, fostering their expansion and bolstering national exports. With the showcase of local competitiveness on the global stage, BRI’s commitment to uplifting MSMEs has been evident.

The UMKM EXPO(RT) BRILIANPRENEUR 2023 not only provided a platform for MSMEs to engage with international buyers but also served as a testament to BRI’s continuous efforts in supporting MSME development. The event’s success reflects BRI’s dedication to nurturing the growth and competitiveness of Indonesian MSMEs.

As Indonesia’s President Joko Widodo applauded BRI’s commitment to empowering MSMEs, it is evident that BRI’s programs are instrumental in stimulating the economy and driving real business activities within Indonesian society. The UMKM EXPO(RT) BRILIANPRENEUR 2023 has underscored the competitiveness of Indonesian products and paved the way for increased global recognition and market access.

With hundreds of MSMEs participating and connecting with international buyers, this expo has truly set the stage for Indonesian MSMEs to shine on the global platform. BRI’s support and dedication to advancing MSMEs have been instrumental in fostering economic growth and elevating the Indonesian business landscape.

Indonesia’s journey to becoming a global economic force relies on the success and expansion of its MSMEs, and with the continuous support from institutions like BRI, the future holds great promise for Indonesian entrepreneurs and their innovative products.

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Siddharth Mehta
Siddharth Mehta
Siddharth Mehta is a dedicated author at The Reportify who covers the intricate world of politics. With a deep interest in current affairs and political dynamics, Siddharth provides insightful analysis, updates, and perspectives in the Politics category. He can be reached at siddharth@thereportify.com for any inquiries or further information.

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