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Korean Government to Develop ‘Bojeong-dong Café Street’ in Indonesia
Indonesian Version
Korean Government to Develop ‘Bojeong-dong Café Street’ in Indonesia
  • By marie
  • August 3, 2016, 13:00
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The Small and Medium Business Administration (SMBA) plans to develop a small business “K-town” in Indonesia modeled after “Bojeong-dong Café Street
The Small and Medium Business Administration (SMBA) plans to develop a small business “K-town” in Indonesia modeled after “Bojeong-dong Café Street

 

The Small and Medium Business Administration (SMBA) announced its plans on August 3 to develop a small business K-town in Indonesia modeled after “Bojeong-dong Café Street” as a means of supporting the small business’ overseas expansion.

The café street developed spontaneously from the mid 2000’s in the Bojeong-dong café street. Currently, total 126 stores are operating in the area of 22,000 ㎡, and small theme streets are developed in every eight alleys.

Additionally, the SMBA announced its policy to co-operate K-culture and other by developing “small business K-town” in the peripheral region of Jakarta, around at the end of year 2018,

For the policy, the SMBA proceeded a field investigation with Small Business Association, International Council for Small Business (ICBS Korea), Small Enterprise and Market Service (SEMAS), etc., and the Indonesian Government also has expressed a will to support the project.

Joo Young-sup, administrator of the SMBA said, “The ultimate goal is to produce 1,000 successful similar cases until year 2020 by pushing ahead of the small business’ overseas expansion policy.”