{
    "success": true,
    "data": {
        "id": 1014824,
        "msgid": "kl-ri-palm-oil-project-1447893297",
        "date": "1994-10-31 00:00:00",
        "title": "KL-RI palm oil project",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "KL-RI palm oil project JAKARTA (JP): Indonesia and Malaysia are cooperating in the development of a 200-hectare palm oil plantation in Natal, South Tapanuli, North Sumatra. The cooperation was marked by the establishment of a new venture, PT Kretam Iramindo, the firm's president, Yopie S. Batubara, announced in Medan, the provincial capital, on Saturday. \"The agreement on the establishment of the new venture was signed in Medan recently,\" he was quoted by the Antara news agency as saying.",
        "content": "<p>KL-RI palm oil project<\/p>\n<p>JAKARTA (JP): Indonesia and Malaysia are cooperating in the<br>\ndevelopment of a 200-hectare palm oil plantation in Natal, South<br>\nTapanuli, North Sumatra.<\/p>\n<p>The cooperation was marked by the establishment of a new<br>\nventure, PT Kretam Iramindo, the firm's president, Yopie S.<br>\nBatubara, announced in Medan, the provincial capital, on<br>\nSaturday.<\/p>\n<p>\"The agreement on the establishment of the new venture was<br>\nsigned in Medan recently,\" he was quoted by the Antara news<br>\nagency as saying.<\/p>\n<p>The venture is owned by Kretam Holdings Berhad of Malaysia, PT<br>\nWidya Utama and Camerindo Sakti International Inc.<\/p>\n<p>He said the joint venture will invest US$147 million for<br>\ndevelopment of the plantation and construction of a crude palm<br>\noil plant in the province.<\/p>\n<p>A former regent of South Tapanuli, Toharudin Siregar, said<br>\nthat the local administration has spent Rp 51 billion ($23.34<br>\nmillion) on infrastructure, including roads, to support the<br>\nplanned plantation.<\/p>\n<p>The ceremony for the start up of the plantation project was<br>\nmarked by site supervision from the air by executives of the new<br>\nventure on Saturday. (fhp)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kl-ri-palm-oil-project-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}