Indonesia: Supported by LPEI, chocolate from North Kolaka targets European exports

Published Oct 29, 2023

Tridge summary

Currently, there are still many cocoa farmers in Kolut who are not yet established, despite the fact that 75% of chocolate production in Indonesia comes from the island of Sulawesi. The North Kolaka Cocoa Foreign Exchange Village is collaborating with local farmers and stakeholders, with the support of the Indonesian Export Financing Institution (LPEI), to encourage farmers to maintain production and expand market access in Europe. The Foreign Exchange Village Program provides training and assistance to farmers to increase their knowledge in production, management, and export procedures, with the goal of increasing competitiveness in the global market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Co-partner of the North Kolaka (Kolut) Cocoa Foreign Exchange Village, Rusmadi Mahmud, revealed that currently there are still many cocoa farmers who are not yet established, one of which is in Kolut. In fact, as much as 75% of chocolate production in Indonesia is produced by the island of Sulawesi. For this reason, his party is committed to encouraging farmers to maintain production results and reach markets in Europe. "Through collaboration with local farmers and the help of various stakeholders, hopefully farmers can fulfill their daily needs," said Rusmadi at the 38th Trade Expo Indonesia (TEI), at the Indonesia Convention Exhibition (ICE), Bumi Serpong Damai (BSD) City, South Tangerang , Banten, Friday (20/10/2023). According to him, this is not impossible to achieve, especially with the support of the Indonesian Export Financing Institution (LPEI) or Indonesia Eximbank, which is given the mandate to encourage exports of micro, small and medium ...

Source: Cnbcindonesia