RI, South Korea Committed to Supporting Growth of Startup Companies

    Antara - 28 November 2019 18:40 WIB
    RI, South Korea Committed to Supporting Growth of Startup Companies
    Illustration (Photo:Medcom.id/M Rizal)
    Jakarta: The industry ministry is pushing for bolstering cooperation between Indonesia and South Korea in the economic field, particularly for the growth of startup companies.

    "We want to jointly initiate cooperation between Indonesian and Korean startups and unicorns," Minister of Industry Agus Gumiwang Kartasasmita noted in a statement received in Jakarta on Thursday, November 28, 2019.

    According to the minister,  the collaboration not only identifies several challenges and opportunities but also aims to build a shared innovation ecosystem that can support growth, sustainability, and also efforts to boost profits for startups and unicorns in both countries and the ASEAN.

    "Hence, we laud the implementation of the ASEAN-RoK Startup Expo 2019. We harbor high hopes that the event would facilitate the sharing of information, experiences, and best practices in the preparation of regulations," the minister expounded.

    Furthermore, the Functional Groups (Golkar) Party politician believes that the activity would connect relevant stakeholders.

    "Hence, it can forge collaboration with one another for the exhibition of innovative technology and products between startups or also include expanding networks among startups, unicorns, and investors," he noted

    This Month, he accompanied President Joko "Jokowi" Widodo to attend the ASEAN-Republic of Korea (RoK) Startup Summit and the ASEAN-RoK Innovation Showcase at the Busan Exhibition and Convention Center (Bexco). (Antara)


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