00:00Indonesia's Business Development Program
00:05We go to the next information, Pemirsa, where the government is encouraging Pemirsa
00:10to form an institution that focuses on the investment of Indonesian entrepreneurs abroad.
00:16Where Pemirsa, the institution is expected to be able to help Indonesian entrepreneurs
00:20to do business expansion in foreign countries, especially in Africa.
00:25Indonesia's Business Development Program
00:28Under the National Development Plan or BPNAS, the Ministry of Public Works stated
00:33that the government is encouraging the formation of an institution
00:36that focuses on the investment of Indonesian entrepreneurs abroad.
00:40This institution will help Indonesian entrepreneurs to do business expansion
00:45in foreign countries, especially in Africa.
00:50Deputies in the field of politics, law, defense, and security of the Ministry of Public Works
00:55said that the plan to form the institution will be one of the discussions
01:00in the High-Level Forum, a multi-stakeholder partnership,
01:04and Indonesia-Africa Forum 2024 in Bali.
01:10Deputies said the institution will be similar to the Japan International Corporation Agency.
01:16The institution founded by Japan in 1974 focuses on helping the development of developing countries.
01:24Deputies said the institution will be named Indonesia AID.
01:29Deputies said the institution will help Indonesian entrepreneurs to invest in foreign countries,
01:34including Africa, for financing.
01:40We are able to encourage our business entities, our industry,
01:48to compete in foreign countries, especially in Africa.
01:52In this regard, other countries have given examples,
01:56such as Japan, Jaika, and so on.
02:00In the future, we want to have an institution named Indonesia AID.
02:07For example, when business entities want to invest in Africa,
02:20we have a back-up for financing and so on.
02:24This is actually Indonesia AID that we are studying and initiating.
02:35As we know, Bali is becoming the capital of HLF-MSP and IAF 2024,
02:42which is scheduled for September 1-3, 2024.
02:47This event is attended by President Joko Widodo and leaders of countries, including Africa.
02:55The forum discusses many issues, including global cooperation in the field of economic and climate change.
03:00The government aims to create an innovative financing scheme for sustainable development
03:05in developing countries such as Indonesia.
03:16For more information, visit www.ilo.org
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