Minister Of SOEs: Value Of PaDi MSME Transactions Reaches IDR 37.2 Trillion

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir said the transaction value at the MSME Digital Market (PaDi UMKM) had reached IDR 37.2 trillion as of October 2023. Erick conveyed this transaction in front of President Joko Widodo (Jokowi).

For your information, PaDi UMKM is a digital platform ecosystem that brings together MSMEs and SOEs. Through this forum, micro business actors can make transactions with state-owned companies.

"Today, the total transaction is IDR 37.2 trillion until October 2023," said Erick at the opening of the 2023 MSME Expo Brillapreneur in Jakarta, Thursday, December 7.

However, Erick did not specify which MSME products were purchased by SOEs. Erick did not explain in more detail which companies spent the most from the production of MSMEs.

Even so, Erick said that the PaDi MSME program could encourage the creation of efficiency and transparency within SOEs. Erick also targets all procurement of goods under Rp. 300 million to be MSMEs.

"The absorption of MSME products by us, Sir (President Jokowi) in the BUMN procurement ecosystem, which we are targeting below Rp. 300 million, must be MSMEs, which is to enter the PaDi MSME platform which we launched since 2019 at that time," he explained.

Erick also emphasized that state-owned companies continue to provide great support so that MSMEs can advance to class.

Such as strengthening the ecosystem in which there is funding, market access, and assistance.

"We are building an ecosystem for MSMEs, where there is funding, there is market access for assistance, it is the key that we are keeping seeing that in 2019 we have always been on guard to this day. Then the most important thing is also the market development process, where we have to make sure these MSMEs have access that has the quality of exports abroad," he said.