The Investment Coordinating Board (BKPM) facilitates potential partnerships, with a contract value of Rp 1.5 trillion, for 56 large businesses and 196 micro, small, and medium enterprises (MSMEs).

The BKPM head admitted that BKPM’s steps to marry large businesses and MSMEs were replete with challenges. The partnership program collaborates with 56 large businesses, comprising 29 foreign investment (PMA) companies and 27 domestic investment (PMDN) companies, with 196 MSMEs spread across Indonesia.

The program also aligns with President Joko Widodo’s directive to ensure that any investment that enters must be married with national entrepreneurs or local MSMEs.

Hence, hopes ride high over investment in Indonesia having a positive impact on the national economy, especially at a time when the COVID-19 pandemic continues unabated. The partnership between large businesses and MSMEs is expected to have a twofold impact on local communities, with the influx of investments into their regions.

For MSMEs, the benefits felt will boost product quality and open up opportunities for MSMEs to rise up the level.