BPDP: PTPN IV PalmCo Most Active in Supporting People's Palm Rejuvenation
Efforts to accelerate the People’s Palm Rejuvenation Programme (PSR) through partnership schemes are showing significant progress. Amid the government’s drive to enhance smallholder plantation productivity, the role of companies as facilitators is deemed increasingly crucial. The latest data from the Plantation Fund Management Agency (BPDP) positions PTPN IV PalmCo as the most active company in supporting the programme nationwide.
Acting Head of the Upstream Sector Fund Distribution Division at BPDP, Dwi Nuswantara, revealed that to date, PalmCo, a sub-holding of PTPN III, has recorded the largest facilitated area compared to other companies in Indonesia.
“First place goes to PTPN or PalmCo at 6,672 hectares. This is followed by Sinar Mas at 4,426 hectares and Asian Agri at 3,204 hectares,” Dwi Nuswantara stated in his official remarks.
This achievement reflects a shift in the PSR implementation approach, which no longer relies solely on financing but also strengthens on-the-ground technical aspects. The government, through the Ministry of Agriculture, continues to promote partnership models so that corporations can act as facilitators transferring technology and best cultivation practices (Good Agricultural Practices) to farmers.
For information, the PSR programme, supported by BPDP funds, has been running since 2017. Each year, the government allocates around Rp3 trillion for rejuvenating approximately 100,000 hectares of smallholder palm oil plantations. However, the programme’s uptake often faces challenges, from farmers’ administrative readiness to technical cultivation aspects.
In this context, the presence of corporations is considered strategic. Facilitation not only ensures funds are used on target but also maintains quality implementation from the replanting stage to sustainable plantation management.
President Director of PTPN IV PalmCo, Jatmiko K. Santosa, emphasised that the company’s involvement in PSR is part of its mandate as a state-owned enterprise (BUMN). According to him, the national palm oil industry’s sustainability heavily depends on improving smallholder plantation capacity.
“As a BUMN, we are not only oriented towards corporate performance but also act as development agents. This facilitation is a form of commitment to grow together with farmers,” Jatmiko asserted.
He added that through this partnership scheme, farmers receive a complete package.