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STATEMENT: President Joko Widodo applauds the support of the BRI in the advancement of MSMEs

(Information sent by the signatory company).

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STATEMENT: President Joko Widodo applauds the support of the BRI in the advancement of MSMEs

(Information sent by the signatory company)

- At the opening of the UMKM EXPO(RT) BRILIANPRENEUR 2023, President Joko Widodo applauds the support of the BRI in the advancement of MSMEs

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- Indonesian President Joko Widodo presided over the opening of BRI's UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on the 7th December 2023. This event, which is also part of the bank's 128th anniversary celebrations, served as a platform for Indonesian MSMEs to interact with international buyers and foster MSME growth. Under the theme 'Creating Global Connection', 700 MSMEs participated in the three-day event, marking the prestigious fifth edition of this exhibition.

The president praised the BRI's commitment to empowering Indonesian MSMEs, saying: "Our MSMEs must continue to raise their status, digitize, internationalize and dominate our local market because our market is tremendously large, but also without neglecting global and international markets. export".

State Enterprises Minister Erick Thohir also praised the BRI programs, highlighting the success of initiatives like this event in stimulating the economy and stating: "This is an economic cornerstone. With the support of the BRI, MSMEs that "show strong performance reflect positively on actual business activities within the society, fostering economic growth. Furthermore, BRI exhibits commendable banking performance."

BRI President Director Sunarso underlined the institution's responsibility in advancing Indonesian MSMEs. "BRI sees significant opportunities for Indonesian products in the global market. Our nation's creations are considered competitive in quality compared to products from other countries, and the value of agreements through BRI's trade matchmaking UMKM EXPO(RT ) BRILIANPRENEUR continues to increase annually."

Over the years, the exhibition's commercial deals have shown notable growth: from $33.5 million in 2019 to $57.5 million in 2020, further increasing to $72.1 million in 2021 and reaching $76.7 million in 2022. This year's goal is to secure contracts for a total of $80 million.

With 700 MSMEs selected from across the country in five categories: home decor and crafts, food and beverages, accessories and beauty, fashion and textiles, and healthcare and wellness. The BRI UMKM EXPO(RT) BRILIANPRENEUR 2023 aims to connect Indonesian MSMEs with global markets, encouraging their expansion and strengthening domestic exports. It underlines the BRI's commitment to uplift MSMEs and showcase the competitiveness of Indonesian products on the global stage.

To support the empowerment of Indonesian MSMEs, visit the ongoing exhibition until December 10. For complete information on the exhibition, MSMEs or to register as a buyer, visit:

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