Wednesday 25 March 2009

Plantation industry aims big despite economic crisis

Betting on higher prices for top commodities and the emergence of new markets, the country’s plantation industry is seeking to buck the trend and expects export values this year to increase by 16 percent. Agriculture Ministry’s plantation protection director, Herdrajat, said the income from exports can be raised to US$ 21.68 billion from last year’s $18.85 billion. Meanwhile, the government also plans to revitalize up to 290,000 hectares of CPO, cacao and rubber plantations in 27 provinces this year.
Source: PA Asia - Public Affairs and CSR from The Jakarta Post, 16 March, p.13

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