Thu, 03 Apr 2008
Palu, C Sulawesi (ANTARA News) - A Singaporean company is interested in investing in Central Sulawesi by building a cacao processing plant in Palu, a local official said.

The investor from the city-state would come to Palu on Thursday (April 3) to further discuss his interest in setting up a cacao processing plant in the North Palu industrial zone, Arifin H Lolo, secretary of the Palu city administration, said here on Wednesday.

Lolo said the Singaporean investor`s plan would be of great economic significance to the local community as the cacao processing plant would obviously absorb large volumes of locally grown cacao and thus enable cacao farmers to increase their income.

"We will give the investor good service by speeding up the license-issuing process and providing legal ptotection," Lolo said.(*)



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