Competitiveness and sustainability: SECOâs new economic cooperation program with Indonesia State Secretariat for Economic Affairs Bern, 25.02.2021 - Switzerland and Indonesia renewed their development cooperation on 25 February 2021 by jointly launching SECOâs new Economic Development Cooperation Program with Indonesia 2021-2024. The SECO will provide USD 65 million in grant funding to support Indonesia in becoming a more competitive, resilient and equitable economy.
Switzerland intends to support Indonesia on a more sustainable and inclusive development path. To do so, the new program focuses on two main priorities: fostering effective public institutions, namely in urban areas, and strengthening private sector competitiveness. Special attention will be given to small and medium-sized enterprises, as they are the main drivers of employment. The Swiss technical assistance will work in areas like skills develop¬ment, decent work, tourism,