Agro Hope in major plantation expansion
PT Agro Indomas, a joint venture of Malaysia's Agro Hope Sdn Bhd, had secured the license to expand its palm oil plantation in Central and East Kalimantan with Rp648 billion.
While no details available on how big the area for the new plantations will be, local media in East Kalimantan reported Agro Indomas is working on 17,500 hectare of plantation in Paser Utara regency. No information about the Central Kalimantan project.
Agro Indomas, according to the license from Investment Coordinating Board, will produce 134,187 tones of crude palm oil and 27,000 tones of palm kernel oil.
In the mean time, PT Tasik Raja, a company based in Medan, North Sumatra is also planning to expand its processing units to increase CPO capacity by 69,875 tones and PKO by 16,250 tones per year.
READ MORE!!!
While no details available on how big the area for the new plantations will be, local media in East Kalimantan reported Agro Indomas is working on 17,500 hectare of plantation in Paser Utara regency. No information about the Central Kalimantan project.
Agro Indomas, according to the license from Investment Coordinating Board, will produce 134,187 tones of crude palm oil and 27,000 tones of palm kernel oil.
In the mean time, PT Tasik Raja, a company based in Medan, North Sumatra is also planning to expand its processing units to increase CPO capacity by 69,875 tones and PKO by 16,250 tones per year.
READ MORE!!!
posted by yosef at 7:31 PM
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