Korea-Indonesia Circular Economy Seminar concludes in Jakarta, showcasing outstanding technologies from five companies including Reco and launching Green Bridge matchmaking in November
ASEM SMEs Eco-Innovation Center (ASEIC) has strengthened circular-economy cooperation between Korea and Indonesia in Jakarta, officially laying the groundwork for five promising Korean green-tech small and midsize companies to enter the Indonesian market. The countries are expected to begin substantive business cooperation in earnest through a corporate matchmaking program scheduled for November.
Forum created for locally tailored technology exchange
ASEIC said on the 4th that it had successfully hosted the ‘From Waste to Value: Building a Circular Future for Korea and Indonesia’ seminar in Jakarta, Indonesia, on the 2nd. Hosted by South Korea’s Ministry of SMEs and Startups and co-organized by Indonesia’s Ministry of Small and Medium Enterprises (KUMKM) and ASEIC, the event was designed to share trends in Indonesia’s waste-management and resource-circulation policies and strengthen the foundation for technology exchange between the two countries.
ASEIC said, “Through ongoing discussions with the Indonesian government, we identified local demand for environmentally friendly technologies in the waste sector.” The center added that the event was “an opportunity to explore concrete ways to apply the outstanding technologies of Korean small and midsize companies locally.”
Five Korean green-tech companies draw local attention
The seminar addressed a range of topics in depth, including global waste-management trends, Indonesia’s technology needs and support policies, and the results of operating South Korea’s Extended Producer Responsibility (EPR) system. Five promising Korean companies in the waste sector — Reco Co., Ltd., Refeed Co., Ltd., Eight Tech Co., Ltd., Ecoin Energy Co., Ltd. and JST Co., Ltd. — took part directly, drawing particular attention.
The companies introduced local stakeholders to leading technologies covering the entire process, from waste collection and transportation to sorting, recycling and waste-to-energy conversion. A panel discussion on ways to promote Korea-Indonesia cooperation in waste technologies followed the presentations. The event also provided an opportunity to identify concrete technology needs and explore cooperation possibilities between Korean small and midsize companies and local industry.
Ongoing cooperation to expand through Green Bridge and other initiatives in November
ASEIC plans to continue identifying demand for waste-sector technologies in Indonesia and actively support Korean companies’ entry into the local market, building on the seminar. In November, the center will host the Green Bridge corporate matchmaking program and a global forum to directly support technology and business cooperation between companies from Korea and Indonesia. The initiative is intended to further expand opportunities for exchanges between the two countries.
In close coordination with the Global Green Innovation Center (GICC), ASEIC’s local cooperation hub in Indonesia, the center also plans to sustain substantive technology exchanges and cooperative projects rather than let the effort end as a one-off event. ASEIC is an international organization established to promote environmentally friendly technology cooperation among ASEM member countries and operates various support programs to help small and midsize companies respond to climate change.
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