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You are here: Home / cat / Indonesian Ambassador and CFC Discuss $1.5M Funding for SMEs

Indonesian Ambassador and CFC Discuss $1.5M Funding for SMEs

Dated: May 12, 2026

In Amsterdam, Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), welcomed Indonesian Ambassador Laurentius Amrih Jinangkung and his delegation to the CFC headquarters. The meeting focused on Indonesia’s role as a major global commodity producer and the importance of small and medium-sized enterprises (SMEs) in driving inclusive growth across its diverse commodity sectors.

Discussions emphasized the need to strengthen SME participation in value chains, particularly in commodities such as palm oil, cocoa, coffee, and fisheries. The delegation explored how Indonesian enterprises could access CFC financing instruments to overcome persistent challenges in securing capital for scaling operations and entering higher-value markets.

A key area of focus was pre-financing mechanisms for export-oriented SMEs. Access to upfront capital is critical for enabling SMEs to procure raw materials, pay producers premium prices, and strengthen supply chains. Such financing solutions are seen as vital for enhancing competitiveness in global markets while supporting sustainable sourcing practices.

Both sides highlighted opportunities for targeted investment in processing, value addition, and market access to improve economic returns and resilience in Indonesia’s commodity sectors. Ambassador Jinangkung stressed the importance of practical collaboration to ensure SMEs can fully participate and benefit, while Sheikh Belal reaffirmed CFC’s readiness to provide tailored financing solutions to support Indonesia’s sustainable commodity development.

The meeting concluded with a shared commitment to deepen collaboration, advance concrete SME projects, and reinforce Indonesia’s leadership in sustainable commodity growth.

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