This MOU highlights YCH’s commitment to helping local SMEs explore business and manufacturing opportunities in Indonesia. YCH will collaborate with Pangan Lestari in three key areas:
a) Conduct a feasibility study to help Singapore SMEs explore new markets in Indonesia in locations such as Jakarta, Surabaya, Bali, Semarang, Yogyakarta and Bandung
b) Offer SMEs supply chain management services including cold chain, warehouse management, freight forwarding, retail, catering, and transportation for products such chilled and frozen food (poultry, meat, seafood and fast moving edible consumer goods)
c) Identify, discuss and possibly undertake joint marketing activities offered to potential Indonesian customers, with a focus on Quick Service Restaurants (QSR) and services for import of raw materials
Senior Minister of State, Ministry of Culture, Community and Youth & Ministry of Finance, Ms Sim Ann leading the mission comprising over 20 business representatives across business services, environment services, financial and manufacturing sectors was present to witness the signing and presented a token of appreciation to Mr. Roland Yap, President Director of YCH Indonesia.
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