Japan, Malaysia to build biodiesel plant in Jambi
Jambi (ANTARA News) - Japanese and Malaysian investors have established cooperation with 27 oil palm factories to build a biodiesel processing plant in Jambi, according to Erwan Malik, head of the Regional Capital Investment Board here on Thursday.
Malik made the remarks during a coordination meeting of the Regional Capital Investment which was opened by Deputy Governor H. Antony Zeidra Abidin.
He said that the biodiesel plant would need some 20,000 tons of crude plam oil per month and was expected to serve as the embryo of the establishment of a biodiesel company to be managed by a regional government owned company in Jambi.
The investors are also exploring the possibility of jatropha curcas plantations in oder to meet the raw materials to be processed into a biodiesel energy.
There are also three investors from Australia, Thailand and Malaysia, who are seeking lands in Jambi to be planted with jatropha curcas plants.
Malik said that the presence of the first biodiesel plant was expected to boost the investment values in Jambi in line with the rapid growth of foreign and domestic investment in this province.
Jambi`s economic growth in 2002 was recorded at 4.93 percent and in 2004 it stood at 5.38 percent and in 2005 5.57 percent. (*)