CAEXPO 2024, Indonesia Successfully Recorded Transactions of IDR479 Billion
Jakarta, Sawit Indonesia – Indonesia again participated in the 21st China – ASEAN Expo (CAEXPO) which was held at the Nanning International Convention and Exhibition Center (NICEC), Nanning, China on 24 – 28 September 2024. At this annual exhibition, Indonesia managed to record potential transaction of IDR 479 billion. The products that are most in demand include palm oil, coconut, cloves, coffee, tropical fruit, handicrafts, instant noodles and processed foods.
“We are proud of the transaction results that have been achieved. These results are clear evidence of the great potential that Indonesian products have. "We hope that the results of this exhibition can encourage increased exports and strengthen the competitiveness of local products in international markets, especially China," said the Director General of National Export Development at the Indonesian Ministry of Trade, Mardyana Listyowati.
At this CAEXPO, Indonesia presented three pavilions, namely the Commodity Pavilion, the National Pavilion and the ASEAN High Tech Pavilion. The Commodity Pavilion featured 51 participants who participated, either independently or facilitated by the central, regional government or State-Owned Enterprises (BUMN). Meanwhile, the National Pavilion is managed by the Palm Oil Plantation Fund Management Agency (BPDPKS) to promote the potential of palm oil and its derivatives.
Meanwhile, the ASEAN High Tech Pavilion specifically displays electric car products produced by Wuling Indonesia. This pavilion aims to depict Indonesia as a country that is friendly to foreign investment and capable of contributing to the global supply chain.
At this year's CAEXPO, Indonesia succeeded in winning seven prestigious awards. These awards are Best Trade and Economic Outcomes, Best National Pavilion, Best Promotion on Investment Cooperation, Best Industry Organizer, CAEXPO Silver Award for the company PT Surabaya Indah Permai, CAEXPO Excellent Design Award for the company CV Pitoyo Indo Furniture, and CAEXPO Popularity Award for the company PT Rahayu Alam Arto (Negrikoe Coffee).
"The CAEXPO 2024 exhibition not only opens up new cooperation opportunities, but also provides an opportunity for Indonesian business actors to interact with the huge Chinese market. "With these encouraging results, Indonesia is increasingly optimistic about strengthening its position in the international market, especially in China and ASEAN," added Mardyana.
Director of Primary Product Export Development at the Ministry of Trade RIMiftah Farid added, apart from CAEXPO 2024, Indonesia is present in various forums to strengthen trade and investment relations. Some of them are the China's Green Value Chain Dialogue and the China – Indonesia Trade and Investment Conference at the Grand Metro Park Hotel, Nanning, China. These two forums are part of a series of activities for the China – ASEAN Business and Investment Summit (CABIS) 2024 and Indonesia – China Investment Forum.
On the sidelines of the exhibition, Indonesia also held a bilateral meeting with representatives of Guangxi Province and attended the RCEP High Level Dialogue forum. These two events were held at the Shangri-La Hotel, Nanning, China.
"Participation in CAEXPO 2024, which is combined with meetings at various international forums, is a strategic and effective forum for promoting products and investment in Indonesia," added Miftah.
(SOURCE)
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