Indonesian Political, Business & Finance News

SMB to build sugar mill

| Source: JP

SMB to build sugar mill

JAKARTA (JP): PT Sumber Madu Bukari will open a sugarcane
plantation and a sugar mill in Southeast Sulawesi with an
estimated investment of Rp 40 billion (US$16.8 million) next
year.

Soewondo, the head of Southeast Sulawesi's plantation office,
said in Kendari Tuesday the sugarcane plantation would be opened
on a 20,000-hectare site.

He said that the Sumber Madu would also build a sugar mill
with a processing capacity of 10,000 tons of sugarcane a day to
support the plantation project.

"The opening of the sugarcane processing industry in Southeast
Sulawesi is very important to meet the province's increasing
sugar demand," he said.

Soewondo said Sumber Madu would cooperate with local
Hasanuddin University in providing seedlings for the sugarcane
plantation.

Sumber Madu currently manages 5,500 hectares of sugarcane
plantations in Buton, Kolaka and Kendari, he said. (04)

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