Wilmar, which already owns 200,000 ha of sugar cane plantations in Indonesia, said it intended to use Sucrogen’s proven expertise in the sugar business to pursue growth strategies in “Indonesia and other high potential Asian markets.’’
A tribe of hunter gatherers living in trees in the forests of Papua, near the planned Merauke food estate where Wilmar and other firms plan to get farmland, has been discovered officially for the first time.
Major factor for enacting new investment law for land was Saudi Arabia's halting of investment projects worth billions of riyals, says Indonesia's Minister of Agriculture.
Singapore's Wilmar, the world's largest listed palm oil firm, wants to invest $2 billion in Indonesia where they are targeting Merauke to develop sugar cane plantations
Indonesia's Minister of Agriculture says the Embassy in Riyadh will organize a meeting and formulate regulations on the investment, as a follow-up of his visit to Saudi Arabia
Instead of providing land to big corporations, the Indonesian government has a better choice: to redistribute land to the millions of landless and peasant families so they can work again to feed their family.
- Jakarta Post
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18 June 2010
The Company intends to develop approximately 32,500 ha of land for palm oil production in Sorong Regency, West Papua Province, Indonesia.
Indonesia aims to attract Gulf Arab investors to develop "sleeping land" says Agriculture Minister during meetings with businessmen in Riyadh.
Pelo menos nove grupos, entre coreanos, chineses e indonésios, vieram neste ano ao país em busca de terras para plantio de alimentos.
- Folha de São Paulo
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08 June 2010
Foreigners will be allowed to have a maximum ownership of 49 percent in plantations for staples such as rice, according to a presidential decree seen by Reuters on Monday.
These planned food estates will deprive Papuans of their traditional resources for hunting and fishing and destroy the very basis of their livelihoods.
Business leaders and even top government officials have been left surprised by Indonesian President Susilo Bambang Yudhoyono’s announcement last week that the country would impose a two-year moratorium on the clearing of natural forests, which may affect various foreign investment projects.
- Jakarta Globe
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31 May 2010