Indonesian Political, Business & Finance News

1m hectare land for agribusiness

| Source: JP

1m hectare land for agribusiness

JAYAPURA, Irian Jaya: The Irian Jaya provincial administration
has allotted one million hectares of farmland for agribusiness
development.

The head of the Irian Jaya agriculture office, Robinson
Sihite, told Antara Wednesday that the land earmarked for
agribusiness development was spread throughout eight of Irian
Jaya's ten districts.

Sihite said land in Irian Jaya was suitable for the
development of palm oil, cacao, Arabica coffee and hybrid coconut
plantations. "The land is also good for cattle breeding, and
flower cultivation," he said.

He said information and promotion of Irian Jaya was very poor,
limiting the number of investors in the agriculture and
plantation sectors in the easternmost province.

So far only investors from Java have invested in the
agribusiness sector, Sihite said.

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