Gresik, East Java - The President Director of PT Mega Global Food\nIndustry (Kokola Group), Richard Cahadi, stated that the company is\ntargeting the United States market as a step in export expansion amid\nglobal uncertainties.<\/p>\n
According to him, market diversification is an important strategy,\nespecially amid geopolitical turmoil in the Middle East that affects\nglobal trade. He sees export opportunities to the US becoming\nincreasingly open.<\/p>\n
\u201cAs I said earlier, the opportunity is actually there. For the US,\n(export opportunities) to the USA should be even greater,\u201d said Richard\nwhen met during a media visit in Gresik, East Java.<\/p>\n
He explained that efforts to penetrate this market will be carried\nout by approaching potential buyers at Trade Expo Indonesia 2026,\nscheduled for October. In addition, the company also plans to explore\nopportunities through trade exhibitions in the US.<\/p>\n
As a global-standard biscuit and wafer producer, Kokola Group\ncurrently exports its products to more than 55 countries. Some major\nexport destinations include Australia, South Korea, Japan, and the\nPhilippines.<\/p>\n
Richard emphasised that cost competitiveness is a crucial factor in\nexport expansion. In this regard, financing support from the Indonesia\nExport Financing Agency (LPEI) is considered very helpful.<\/p>\n
He explained that LPEI through the Special Export Assignment (PKE)\nprogramme can provide financing assistance from upstream to downstream,\nstarting from production capital to post-shipment financing. This scheme\nhelps maintain the company\u2019s cash flow while increasing competitiveness\nin the global market.<\/p>\n
On the same occasion, the Director of Business Implementation II of\nIndonesia Eximbank, Sulaeman, affirmed that they will continue to\nmaintain national export performance amid global geopolitical\ndynamics.<\/p>\n
He said LPEI will continue various programmes, including PKE, and\nincrease education for debtors so they can understand geopolitical\ndevelopments and adjust market strategies.<\/p>\n
To date, LPEI has nine PKE programmes, consisting of six\nprogramme-based PKE and three project-based PKE.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/kokola-group-targets-us-market-for-export-expansion-1776426652", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }