Sep
22

Indonesia Invites Investors to Take Up Agricultural Investments in Large Scale Farm

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Indonesia expects a six percent rise in its milled rice harvest this year, leading to a 2 million tonnes surplus, and aims to attract Gulf Arab investors to develop “sleeping land”, Agriculture Minister Suswono said.

The agriculture minister met businessmen from the Gulf Arab country and discussed agricultural business opportunities in Indonesia.

Indonesia has over 7.7 million hectares of unused land that is in need of development, Suswono said.

“There is still… untapped potential for agribusiness investment in Indonesia, particularly in the field of food crops, industrial processing as well as horticulture and land stock industry,” he said.

“We still have some difficulties internally in arranging land for large-scale farming, which are requested by foreign investors. This is due to environmental reasons to protect our rainforests,” the minister said, adding that the government has since issued regulations for investment in large farming.

Source: http://www.arabianbusiness.com/590357-indonesia-sees-rice-crop-up-seeks-gulf-farm-invt, 13 June 2010

Investors have long set their sights on Indonesia, whose large quantities of unused land offer a resource-rich base for new farm investments. Now, the government is keen to invite investors from the Gulf and abroad to take on the opportunity in developing the nation’s large farm potential.

In the interest of those thinking of investing in Indonesia, CMT has put together the 2ndGlobal Large Scale Farm Forumto discuss the facts and details that will entailin such ventures. The forum will also have Prof. Dr. Zaenal Bachruddin, Director General of Processing and Marketing of Agricultural Product, Ministry of Agriculture, Republic of Indonesia present a paper on “Agricultural Investment Opportunity in Indonesia”.

At the 2nd Global Large Scale Farm Forum in Siem Reap, you will also get the chance to amass expert insights on the potentials of different large farm agricultural investment hot spots and related legal/financing options.

Click here to view the speakers and their topic outlines.

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