News

Indonesia: The foreign exchange village program supports the export potential of Pacitan elephant ginger

Whole Ginger
Vegetables
Indonesia
Published Sep 7, 2023

Tridge summary

The region of Pacitan in East Java has established the Jahe Gajah Pacitan Foreign Exchange Village, focusing on the cultivation of elephant ginger. This program, initiated by the Indonesian Export Financing Agency (LPEI) and the Ministry of Finance, aims to support and increase the production and quality of ginger commodities through training and assistance to farmers. The village hopes to tap into the export potential of ginger and improve the competitiveness of their products in the global market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The elephant ginger commodity from Pacitan, East Java, is said to have great potential and has made this area one of the LPEI Foreign Exchange Villages. This Foreign Exchange Village was recently inaugurated by Pacitan Regent Indrata Nur Bayuaji, on August 24 2023. This program is a cross-ministerial and institutional collaboration between the Indonesian Export Financing Agency (Indonesia Eximbank) and the Ministry of Finance One (DJKN, DJBC, DGT, PKN STAN, DJPK) and the East Java Provincial Government. The Jahe Gajah Pacitan Foreign Exchange Village houses nearly 11,100 farmers from 36 villages in several areas, namely Kebonagung, Pacitan, Arjosari, Punung, Bandar, Tegalombo, Nawangan, Tulakan Districts, Pacitan District, East Java. In developing the Jahe Gajah Pacitan Foreign Exchange Village, LPEI cooperates with Village-Owned Enterprises (Bumdes) which are companion institutions as well as guarantees for the harvest of farmers from the Jahe Gajah ...
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