Trade Expo Indonesia 2017 Begins

President Joko 'Jokowi' Widodo opens the 32ns International Trade Expo Indonesia 2017 on Wednesday (11/10). (Antara Photo/Puspa Perwitasari)

By : Ridho Syukra | on 2:10 PM October 12, 2017
Category : Business, Featured, Trade

Jakarta. The 32nd Trade Expo Indonesia started on Wednesday (11/10) with an aim to expand the country's export markets.

The five-day exhibition, which showcases 300 Indonesian exporters and is expected to see 16,000 visitors, aims to book $1.1 billion worth of shipment orders, 10 percent more than last year.

"If exports and investments are kept, Indonesia will continue to have qualified economic growth,"President Joko "Jokowi" Widodo said, while opening the exhibition at the Indonesia Convention Exhibition (ICE) in BSD Tangerang, Banten.

The largest economy in Southeast Asia has seen a rebound in exports this year, thanks to a recovery in commodity demand and improvement in manufacturing exports.

Indonesia's exports in January-August reached $108 billion, up 18 percent from the same period last year, boosting the country's foreign exchange reserves to a record high.

Jokowi urged local businesses to keep increasing exports by adding more destinations, especially in Russia, African countries, South America and the Middle East.

The president also advised them to improve the goods quality and packaging.

"The better the packaging of goods exported, the higher their selling value," Jokowi said, adding that delivery must be on time, which requires improved logistics.

"Trade-partner countries will be very happy if the goods exported arrive on time," he said.

For its part, the government has already made the country's ports operate faster.

Elvyn G. Masassya, the president director of state port operator Pelabuhan Indonesia II, said the dwell time, or the time containers spend at ports, is now less than three days.

"Since the end of last year, the port of Tanjung Priok has been operating Inaportnet [for online payment and permit issuance], so the goods management is all online and we could cut the dwell time," Elvyn said in a separate event on Wednesday.

In addition, all transactions at Indonesian ports are now cashless, cutting the container processing time.

"There is already an integrated payment system among 18 ministries and other government institutions, and the Indonesia National Single Window," Elvyn said.

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