Given its abundant agricultural resources, Indonesia is well positioned to become one of the world’s most important food suppliers in the coming years, Vice President Boediono said Wednesday.
“The development of infrastructure, including in the agriculture sector, is a top priority in the government’s plan.
“The government is ready to remove regulatory stumbling blocks that hinder investment in agribusiness,” Boediono said at the end of a three-day World Summit on Food Security held at the Food and Agriculture Organization’s (FAO) headquarters in Rome.
Attending world leaders have strived to work together to reverse the decline in domestic and international funding of agriculture, promote new investment in the sector, improve governance of global food issues in partnership with relevant stakeholders from the public and private sectors, and proactively face the challenges of climate change to food security.
“We need to improve our logistic system to optimize our vast geographic potential,” Boediono said.
He recognized the basic problem of food security was to increase food supplies quickly and sustainably.
“The key is to accelerate investment in agricultural research, development and infrastructure.”
The government has allocated Rp 33 trillion (US$1.9 billion) in subsidies for the agriculture sector this year.