16:25 | 13/12/2016 Global Economy
Indonesia and the Republic of Korea are developing environmentally friendly small-medium enterprises (SMEs) or green businesses that emphasize efforts to reduce emissions in product processing, reported local media.
SMEs should participate in cutting industrial emissions by implementing environmentally friendly technologies, said Deputy for Organisation at the Cooperatives and SME Ministry Meliadi Sembiring.
"The SME sector is expected to be more creative and innovative to be able to survive competition and run their businesses in environmentally friendly ways," Antara News Agency quoted Meliadi at the opening of the first Indonesia-Korea Green Business Forum on December 6 as saying.
The Indonesia-Korea Business Forum is the first event held by the Green Business Center (GBC) with the support of the ASEM SMEs Eco Innovation Centre (ASEIC) of the RoK and the Ministry of Cooperatives and SMEs.
"Green Business Centre is an institutional form of cooperation between Indonesia and South Korea and it serves as a business incubator for SMEs both in Indonesia and Korea. GBC is dedicated to incubating, consulting, and assisting SMEs in developing business and industry so as to accelerate the pace of business potential through green business innovation," Meliadi explained.
As of now, there are 11 tenants under the GBC, three of them Indonesian companies and eight Korean, according to Meliadi.
This forum is to increase the commitment and participation of SMEs and increase their knowledge, concept and application of environmentally friendly industries, Meliadi said.
It is very important as a platform to exchange information related to environmentally friendly industries between the two countries, said Jang-jean Kang from the Indonesia-Korea Joint Secretariat for Economic Development.
Indonesia is the fourth largest carbon dioxide emission-generating country in the world, Jang-jean said, and hoped that it would, therefore, make its industries more environmentally friendly.