Jambi only invites cooperative investors

Jambi only invites cooperative investors

JAMBI: Jambi Regent Achmad Ripin said on Thursday that his administration had declined to cooperate with investors who were unwilling to hire locals.

Achmad made his point to the press during the groundbreaking ceremony of the crude palm oil-processing factory at Tanjung Laut village, Sekernan district, some 83 kilometers from Jambi.

"Due to high rates of unemployment, I want investors to ensure 60 percent their staff are locals as I don't want to make the locals merely spectators," he said.

The regent said the Rp 75 billion processing-plant, built on a 30 hectare-plot by owners PT. Indoguna Inticornila and PT. Jambi Indoguna International, was expected to raise the living standard of the locals.

He said that Muaro Jambi regency had great potential for investors as it was rich in natural resources such as forestry, oil and gas.--Antara