Wed, 09 Jun 2010

Jakarta (ANTARA News) - Forty investors have expressed keen interest in developing sugarcane plantations to help the country achieve self sufficiency in sugar by 2014, a spokesman said.

The investors had secured permits to plant sugar cane on 12 thousand to 40 thousand hectares of land in Java, Sumatra, Sulawesi, and West Nusa Tenggara, Chairman of the Indonesian Refined Sugar Association (AGRI) Melvin Korompis said here on Tuesday.

"Eight of the 40 investors are AGRI members. Some of them have secured permits," he said at a sugar roundtable organized by the Indonesian Chamber of Commerce and Industry (Kadin).

The AGRI members included PT Market Indo Selaras, PT Jawamania Rafinasi, PT Sukses Mantap Sejahtera, and PT Kasepuhan Agro Sejahtera. They planned to build sugar mills between 2010 and 2012, he said.

He said some of the investors had received land allocations but had not yet secured land use permits.

Therefore, he urged the government to give priority to the 40 investors who intended to build sugar mills.

He also asked the government to give support to new investors by among others providing interest subsidy. But the most urgent support was related to land use permits.

"Almost all the investors have asked for the government`s help to obtain land use permits," he said.(*)