Indonesian Political, Business & Finance News

New oil palm estates open

| Source: JP

New oil palm estates open

JAKARTA (JP): A joint venture of PT Jamaker Kalbar Jaya and PT
Hutan Mas Sari started developing 50,000 hectares of oil palm and
industrial timber estates earlier this week in the West
Kalimantan district of Sanggau, which borders Malaysia's Kuching,
an executive says.

Sutedjo, a director of the joint venture, PT Jamaker Sawit
Sari, said Thursday there would eventually be 30,000 hectares of
oil palm estates and 20,000 hectares of timber estates.

Sutedjo said the oil palm estates would operate under a
nucleus and smallholder estate scheme in which about 8,000
transmigrant families would manage and eventually own 16,000
hectares of them. (04)

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