Youth Entrepreneurs Drive South Sumatra’s Coconut Exports to Global Markets

  • 22 Apr 2026 11:12 WIB
  •  Voice of Indonesia
Key Points
  • South Sumatra ships coconut derivative exports worth IDR 1.6 billion through youth-led initiatives.
  • The Sultan Muda community includes over 9,000 young entrepreneurs entering global markets.

RRI.CO.ID, Palembang - South Sumatra is successfully pivoting toward the downstreaming of its flagship commodities, marked by a shipment of coconut derivative products valued at IDR 1.6 billion (USD 100,000) to international markets. The export launch took place during the Sultan Muda XporA 2026 event at the Financial Services Authority (OJK) office in Palembang on Tuesday, April 21, 2026.

The event highlights the growing influence of the Sultan Muda community, an acronym for South Sumatra Independent Agriculture and Youth Entrepreneurs. Currently, 9,008 young entrepreneurs across the province are actively developing businesses aimed at penetrating global trade corridors.

Governor of South Sumatra, Herman Deru, praised the resilience of the younger generation in capitalizing on the province's 5.35 percent annual economic growth. He emphasized that passion and hard work are the primary drivers for long-term entrepreneurial success.

“Young people must work hard and make business a part of their interests so that more effort emerges. The progress is already visible, South Sumatra's economic growth has reached 5.35 percent annually,” the Governor said, as quoted by Infopublik.id.

Herman further encouraged established young exporters to mentor the next wave of entrepreneurs to ensure a sustainable economic pipeline for the region. “Young business actors must be examples and encouragers so that more and more new exporters are born from South Sumatra,” he added.

Supporting this ecosystem, Head of the OJK for South Sumatra, Arifin Susanto, confirmed that his agency is focused on strengthening financial literacy and digital payment systems for these 9,008 young leaders. He believes that a robust financial ecosystem will significantly amplify the local economic impact.

“Currently, there are 9,008 Sultan Muda ready to be inaugurated. If this ecosystem continues to grow, the impact will be significant for regional economic growth,” Arifin remarked.

The Deputy Chairman of the OJK Board of Commissioners, Hernawan Bakti Sasongko, lauded the synergy between the regional administration and financial regulators. He noted that accelerating exports through youth participation is a vital pillar for regional stability.

“This activity is evidence that export acceleration is one of the main pillars of the regional economy. The established synergy needs to be continuously strengthened,” Hernawan concluded. ***

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