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Home GovAct

East Kutai holds an MSME bazaar in Tepian Langsat, boosting intercommunity transactions

Sinta by Sinta
October 9, 2023
in GovAct
0
msme bazaar

Illustration of MSME bazaar in Tepian Langsat, Bengalon, East Kutai. Image: Anthoni Askaria/Unsplash

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MSME bazaar is expected to allow MSME actors to gain many valuable lessons from Genpro to improve their product, quality, financial and business management.

Heaptalk, Jakarta — The MSME promotion bazaar initiated by the East Kutai Department of Cooperatives and SMEs in collaboration with Global Entrepreneur Professional (Genpro) is organized for the 6th location in the volleyball court in Tepian Langsat Village, Bengalon District, East Kutai for six days on May 8-13, 2023.

Commencing the event, East Kutai Regent Ardiansyah Sulaiman said that the inflation rate in Indonesia and East Kalimantan is currently relatively low. He said, “Thank God, all markets in East Kalimantan, particularly East Kutai, are still in a stable condition. We are grateful as one of the (factors) that affects the condition of inflation is the increasing rise of MSMEs to move into the midst of society.”

The initial purpose of organizing the MSME Bazaar is to encourage intercommunity transactions, by the community, and for the community. Besides, this event is also expected to allow MSME actors to gain valuable lessons from Genpro who accompanied them during the event. Thus, MSMEs can improve their products, quality, as well as financial and business management.

Further, Ardiansyah also revealed the investment progress in East Kutai which increased in the last two years. In 2020, the investment recorded by the Investment Coordinating Board (BKPM) of Rp3 trillion (worth US$203.3 million; US$1 equals Rp14,752), rose to Rp8.9 trillion (worth US$603.2 million) in 2021 and Rp12.46 trillion (worth US$844.5 million) in 2022. He hoped that the investment would increase in 2023 with the existence of Kobexindo which would operate with an investment value of almost Rp30 trillion.

“This means that the business field has the ability to develop in East Kutai, both in the agricultural sector in a broad sense, the mining sector, and other sectors,” voiced Ardiansyah. He expected that the MSME bazaar at the 6th venue can accommodate MSME actors who sell their products to gain profit as well as the visitors to shop and get the entertainment offered by the organizers.

Facilitating more than 600 MSMEs in the region

Meanwhile, the Head of the East Kutai Cooperatives and SMEs Department, Darsafani, explained that this activity carried out by the Department was an ongoing program starting with training activities for micro and small business actors which had been scheduled for 2022.

Darsafani said, “In 2023 there will be 34 trainings, 30 of which will be conducted by the Department of Cooperatives and SMEs while the remaining 4 will be carried out by Genpro.” Thus far, the Department has facilitated 622 MSMEs in East Kutai.

“There are 11 trainings that have been given to 312 MSMEs, facilitation of export promotion for 85 MSMEs, assistance for business licensing for around 200 MSMEs, and halal certification for 30 MSMEs,” concluded Darsafani.

Tags: Cooperatives and SMEs Departmenteast kutaimsme bazaar

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