Index

 26 September 2006

 
Saudi Arabia seen as gateway for SME exports to Middle East
Jakarta

Indonesia is setting its sights on the Middle East as a prospective market for the products of its small and medium enterprises, with Saudi Arabia been mooted as the main gateway to the region.

Acknowledging the region's potential as an important export destination for SME products, State Minister for Cooperatives and Small and Medium Enterprises Suryadharma Ali said Tuesday that Indonesia would open trading houses within the region to promote SME products.

"Maybe we will use Mecca and Medina as the main gateways for SME product exports to the Middle East, Central Asia, South Asia and Eastern Europe," he said.

Together with State Minister for Administrative Reform Taufik Effendi, Suryadharma has just returned from Saudi Arabia after attending a meeting of Indonesian ambassadors stationed in the Middle East, Central Asia, South Asia and Eastern Europe.

The meeting was hosted by Indonesian ambassador to Saudi Arabia earlier in the month.

"At the meeting, all the ambassadors and the representatives were enthusiastic and optimistic about helping to market SME products in the countries to which they are assigned," Suryadharma said.

In order to realize the plan, Suryadharma promised to establish trading houses for all SME product exports.

"In the 2007 state budget, around Rp 50 billion has been allocated to SMEs, which includes funding for the establishment of trading houses for SME products," he said.

SME products with strong export potential included sarongs, garments, sandals and bags, he said.

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