LPEI Allocates Rp13.7 Trillion to Boost Indonesia's Exports, East Java Absorbs 25 Percent
Gresik, VIVA – The Special Mission Vehicle (SMV) under the Ministry of Finance, Lembaga Pembiayaan Ekspor Indonesia (LPEI) or Indonesia Eximbank, continues to drive national export growth through the Special Export Assignment Programme (PKE) Trade Finance. Of the total funds allocated by the government amounting to Rp13.7 trillion until the end of 2025, East Java has absorbed up to 25 percent.
LPEI’s Business Implementation Director II, Sulaeman, stated that this relaxation programme is a special government mandate to strengthen national export competitiveness in various strategic sectors. Debtors are entitled to funding with a financing limit of Rp3.35 trillion, and to date, the disbursement realisation has reached Rp7.68 trillion.
“We report that there are currently 61 entrepreneurs in East Java utilising PKE. A quarter of the PKE is channelled in East Java, with the value disbursed so far reaching around Rp9 trillion because it revolves—drawn, then settled and repaid,” Sulaeman explained during a media briefing at the PT Mega Global Food Industri factory (Kokola Group) in Gresik on Friday, 17 April 2026.
He detailed that the processed food sector is the largest contributor to PKE Trade Finance, with a 39 percent share or 31 debtors. Overall, the programme has contributed to creating foreign exchange of more than Rp37.06 trillion during 2025.
In addition to financing, LPEI is expanding support through guarantee and insurance schemes to provide protection for export business actors. This scheme includes project guarantees such as bank guarantees up to trade credit insurance to anticipate the risk of non-payment in export transactions.
“Besides financing, there are also guarantees and insurance that can be utilised through the PKE programme. So, the hope is that we truly provide end-to-end support,” Sulaeman added.
The PKE programme currently covers 18 industrial sectors, ranging from rubber products, coffee, furniture, footwear, processed food, textiles, to electronic products and automotive components. The implementation of this financing facility is based on Ministry of Finance Decree (KMK) Number 50 of 2025 to support the export of Indonesia’s leading products and commodities.
In response, East Java Deputy Governor Emil Elistiantio Dardak appreciated the central government’s support through LPEI in promoting regional exports. As a result, East Java’s economic growth reached around 5.33 percent in 2025, or above the national average.