Governor of Small and Medium Enterprises Authority: Small and Medium Enterprises Represent 99% of Commercial Facilities in Indonesia

  • 2/5/2023
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Jakarta, Jumada II 4, 1438, Mar 3, 2017, SPA -- Dr. Ghassan Ahmed Al-Suleiman, Governor of the General Authority for Small and Medium Enterprises, stressed that the visit paid by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to Indonesia witnessed a great success at the economic level where a number of memoranda of understanding and agreements were signed on the sidelines of the Saudi-Indonesian Business Forum. In a statement to Saudi Press Agency (SPA), Dr. Ghassan pointed out importance of this visit in the fields of small and medium enterprises, investment opportunities and training. "The Republic of Indonesia is an important country for the Kingdom of Saudi Arabia due to the Kingdom's position in the Islamic world and the Republic of Indonesia which is the largest Muslim population in the Islamic world. The Kingdom and Indonesia are among the major economies in the world, "Group of Twenty/G-20". The two countries enjoy very important geographical feature where the Kingdom of Saudi Arabia is the hub connecting three continents, Asia, Africa and Europe, and the Republic of Indonesia has a very important location in Southeast Asia," he said. Dr. Al-Suleiman disclosed that the Indonesian economy is based on the small and medium enterprises with 99.9%. "The role of small and medium enterprises in many countries in the world is accelerating significantly in building economies. This matter enhances the Kingdom's vision regarding importance of these enterprises in the field of economic diversification in order to achieve the Kingdom Vision 2030," he added. --SPA 10:03 LOCAL TIME 07:03 GMT www.spa.gov.sa/w344999

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