Young Entrepreneurs Need Policy Certainty Amid Global Pressures

Amid global economic dynamics marked by pressure and uncertainty, young entrepreneurs require policy certainty, network expansion, and concrete cross-regional support to remain optimistic about business development. This sentiment underpinned the signing of a Memorandum of Understanding (MoU) between HIPMI East Java and HIPMI Jakarta Raya held on Monday, 2 March at the Peninsula Hotel Tower in Jakarta. The MoU was signed by Ahmad Salim Assegaf, Chairman of the Board of Directors of HIPMI East Java, and M. Riandy Haroen, Chairman of the Board of Directors of HIPMI Jakarta Raya.

The collaboration encompasses various strategic sectors, ranging from industry and trade, synergy between state-owned enterprises and village-owned enterprises, tourism, creative economy and information technology, SMEs, cooperatives and entrepreneurship, to infrastructure, spatial planning, property, transportation, and inter-regional investment and cooperation.

M. Riandy Haroen, Chairman of HIPMI Jakarta Raya’s Board of Directors, emphasised that amid volatile global conditions, inter-regional collaboration serves as the answer to creating certainty and strengthening young entrepreneurs’ resilience.

“Young entrepreneurs today need not only spirit but also ecosystem certainty and collaborative space. With Jakarta and East Java’s synergy, we are increasingly optimistic about facing global challenges,” he stated.

He assessed that support from the DKI Jakarta Provincial Government and East Java Provincial Government is a critical foundation in building confidence among young business operators, particularly in business expansion and investment strengthening.

The MoU is valid for three years from its signing and can be extended based on mutual agreement. Technical implementation of the collaboration will be detailed in a separate cooperation agreement as an integral part of the memorandum.

With Jakarta as the national economic centre and East Java as one of Indonesia’s largest industrial and trading engines, this synergy is expected to produce concrete programmes such as business matching, supply chain strengthening, strategic sector collaboration, and expanded inter-provincial market access. Amid global uncertainty, this step sends a message of optimism: young entrepreneurs choose to collaborate rather than work alone.