Mon, 07 Jul 2003

Belgian investor to build animal feed plant

MAKASSAR: A Belgian investor is planning to build a Rp 10 billion (US$1.2 million) animal feed plant this year in Barru and Enrekang districts, South Sulawesi.

The plan to invest in the business came after the Belgian company invested in corn plantations in the same districts last year, deputy chairman of the Parepare integrated economic zone, HM Yunus Mana, said on Saturday.

The Belgian investor whose identity is still being kept confidential has secured a permit for the plant from the provincial government, he said.

The investor also has built facilities and infrastructure for the plant, which will hopefully encourage the development of agriculture and animal husbandry in the districts, he said.

He said a number of Malaysian, South Korean and British investors have also shown interest in investing in the economic zone, which covers the districts of Barru, Pinrang, Sidrap, Enrekang, and Parepare.

He said his administration had also prepared several plots of land for foreign investors interested in building cacao processing plants in the districts. --Antara