Indonesian Diaspora and LPEI Open Market Access for Indonesian SMEs to Canada

TEMPO.CO, Jakarta - As one of the Indonesian Government's Financial Institutions, the Indonesian Export Financing Institution (LPEI) collaborates with the Trade Attaché (Atdag) of Ottawa, the Indonesian Trade Promotion Center (ITPC) of Vancouver, the Indonesian Diaspora in Canada and Maharani Craft (CPNE Alumni - Assisted by LPEI) bringing in fostered partners LPEI Small and Medium Enterprises (SMEs) have penetrated the export market to Canada for the first time.

A total of 19 SME partners from Bali, Bandung, Yogyakarta and Jakarta became Indonesia's new exporters by exporting more than 3,300 handicraft and craft products. This export is a continuation of the delivery of samples and the Toronto Gift Show 2024 exhibition in January 2024. Indonesian Diaspora, Hartati Suganda, owner of Cantiq Living, acts as a buyer and markets environmentally friendly products and home decor made in Indonesia in the Canadian market.

As one of the Indonesian Government's Financial Institutions, the Indonesian Export Financing Institution (LPEI) collaborates with the Trade Attaché (Atdag) Ottawa, the Indonesian Trade Promotion Center (ITPC) Vancouver, the Indonesian Diaspora in Canada and Maharani Craft (CPNE Alumni - Assisted by LPEI) bringing in fostered partners LPEI Small and Medium Enterprises (SMEs) have penetrated the export market to Canada for the first time.

A total of 19 SME partners from Bali, Bandung, Yogyakarta and Jakarta became Indonesia's new exporters by exporting more than 3,300 handicraft and craft products. This export is a continuation of the delivery of samples and the Toronto Gift Show 2024 exhibition in January 2024. Indonesian Diaspora, Hartati Suganda, owner of Cantiq Living, acts as a buyer and markets environmentally friendly products and home decor made in Indonesia in the Canadian market.

LPEI's collaboration with the export ecosystem is expected to increase exports of LPEI's fostered partners in a sustainable manner and provide more competitive prices for Indonesian products.

"This export release is proof that the export ecosystem built by LPEI has been running well," said Maliq.

According to him, LPEI, as a market expansion facilitator for export players, supports various business matching activities that collaborate with the export ecosystem and the Indonesian diaspora abroad to bring together and promote Indonesian SME products to buyers abroad.

Utomo Kuntjoro, who was present at the joint export release representing Hartati Suganda, owner of Cantiq Living, appreciated the concrete support provided by LPEI in bringing together SMEs with the Indonesian diaspora.

"I hope that a good mutualistic relationship between SMEs, the Indonesian diaspora, Atdag and ITPC in this export ecosystem can overcome obstacles to Indonesian SME products so that Indonesian products can compete in the global market," he said.

Maharani Craft owner, Irene Setiawati, appreciated LPEI's commitment to advancing Indonesian SMEs by expanding the reach of the export market for SMEs. Thanks to LPEI's support, currently Maharani Craft has exported to five countries, including Japan, the United States, England, Germany and the Netherlands.

"Thanks to LPEI's support for export-oriented SMEs, such as Maharani Craft, we have expanded new market access to Canada, thus having a significant impact on us continuing to carry out sustainable exports and improving the welfare of Indonesian SMEs," said Irene.

Throughout 2023, LPEI has distributed financing to UKME and UMBE amounting to Rp14.5 trillion to more than 170 export destination countries and produced 613 new exporters. Specifically for Special Export Distribution (PKE), LPEI has assisted more than 90 products for export to various countries

The SMEs that have successfully exported their products to Canada include Greater Goods, Sakha, Riani Rattan, Sheo Home Living, Maharani Craft, Machastore, Bali Handy, Orchid, Sahana Craft, and Matahari Cahaya Dewata from Bali; Mawar Ketak and Unique Lombok from NTB; Mendong Jaya, Studio Dapur, and Dilmoni Citra Mebel Indonesia from Cirebon, West Java; as well as Multi Creative Furnindo, Sabila Craft from Central Java, and Sabila Artshop and Raya Craft from Cirebon.

TEMPO.CO

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