Green Business Center (GBC)
The Green Business Center (GBC) is an international organization that aims to discover and nurture global green business models by utilizing Korea's excellent green technology and Indonesia's abundant green resources. Established in 2011 through a memorandum of understanding between the Korean Ministry of SMEs and Startups and the Indonesian Ministry of Cooperatives and Small and Medium Enterprises, GBC promotes sustainable development and cooperation between the two countries.
Contact Information and Key Details
- Email: indoland@aseic.org
- Address: SMEsCO Tower 6th Floor, Jl. Jend. Galot Subroto, Kav 94, Jakarta Selatan, Indonesia 12780
- Phone: +62-21-79197040
- Fax: +62-21-7974-215
Key Roles and Vision
- Nurturing Global Green Businesses
- Discovering sustainable business models by combining Korea's green technology with Indonesia's resources.
- Strengthening collaboration among SMEs in the environmental sector.
- Promoting International Cooperation
- Supporting SMEs and institutions from ASEM member countries to enter the Indonesian market.
- Operating various programs to revitalize exchanges between the two countries.
- Role as a Business Incubator
- Supporting the growth of Korean and Indonesian SMEs.
- Expanding the green economy sector through increased interest in environmental and sustainable development.
Importance of Indonesia and Background of Establishment
- Significance of SMEs:
- SMEs in Indonesia account for over 60% of the total GDP and constitute 99% of all businesses.
- Indonesia is an emerging market in Southeast Asia experiencing rapid growth and actively attracting foreign investment.
- Background of Establishment:
- Recognizing the need for green growth and SME cooperation at the 2010 ASEM Forum.
- Establishment of GBC in 2011 through a memorandum of understanding (MOU) between the two governments.
- Established with matching funds from the Korean and Indonesian governments, jointly operated by the Indonesian Cooperative Association and the Ministry of Cooperatives and SMEs (KUKM), and the ASEM SMEs Eco-Innovation Center (ASEIC).
Significance of the Green Business Center
GBC functions as a hub for SME cooperation between Korea and Indonesia to expand green growth and environment-centered businesses. It is establishing itself as a global platform that supports sustainable development and economic growth.
