Indonesian Political, Business & Finance News

Gulf runs farming program

| Source: JP

Gulf runs farming program

JAKARTA (JP): Oil and gas company PT Gulf Indonesia Resources,
a subsidiary of Canadian firm Gulf Resources, said it had begun a
community development program to promote the welfare of farmers
near its areas of operation in Ramba and Grissik, South Sumatra.

The company said in a statement over the weekend it had
recently sent 40 farmers from villages near Ramba and Grissik to
a two-week farming program at the Karya Nyata training center in
Bogor, West Java.

Gulf then provided the farmers with funds to begin their own
farms. The farmers are expected to repay the company in
installments over 30 months after their farms are up and running.

The funds will be later passed on to other farmers in the
areas in a similar program.

The company said it hired a consultant to guide the farmers
and it would increase the funds if the pilot project was
successful. (jsk)

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