Indonesia's SGC to invest US$700 mln in agriculture sector
Jakarta (ANTARA News/Asia Pulse) - Agribusiness firm, the Sugar Groups Company (SGC), plans to invest US$700 million in Indonesia's farming sector.
"The company wants to build a sugar factory and expand its sugarcane plantations by 60,000-100,000 hectares over a period of two years," president Gunawan Yusuf said Monday.
Yusuf said SGC will rely on the government to provide suitable land for the new plantations in any area in the country.
"The company wants to build a sugar factory and expand its sugarcane plantations by 60,000-100,000 hectares over a period of two years," president Gunawan Yusuf said Monday.
Yusuf said SGC will rely on the government to provide suitable land for the new plantations in any area in the country.