ID :
102601
Tue, 01/26/2010 - 09:12
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https://www.oananews.org//node/102601
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MINISTER : 32 NEW INVESTORS TO BUILD SUGAR MILLS
Jakarta, Jan 25 (ANTARA) - A total of 32 investors have expressed a commitment to build new sugar mills in order to meet the need for sugar which is estimated to reach 5.7 million tons in 2014, a minister said.
"There are 32 new investors who have expressed a commitment to construct new sugar mills," Industry MS Hidayat said after a seminar on the revitalization of sugar in industry here on Monday.
He said that in order to support the revitalization of sugar industry in the country, the Forestry Ministry would provide 500 thousand hectares of land in Lampung, South Sumatra and Sulawesi.
"Actually we only need 300,000 hectares, but it seems that the forestry ministry will provide 500,000 hectares, of which about 400,000 hectares are already available," he said.
But the minister admitted he could not yet make an estimate on the amount of funds the 32 investors would need to set up sugar cane plantations on the 500,000 hectares of land.
The government through the Ministry of Agriculture has set a participation funding post in the state budget for a sugar cane revitalization program but several state-owned firms (BUMNs) have proposed other funding options beyond the participation funding scheme.
According to Hidayat, at present there are 51 sugar mills in the country, of which 41 are owned by BUMNs and 10 by private companies.
In the meantime, chairman of the Indonesian Food and Beverage Industries Association (Gapmmi) Thomas Darmawan said the construction of sugar mills will need at least 40,000 hectares of land. "Except for refined sugar factory, it will need a smaller size of land," he said.
The growth of food and drink industries continues to experience an upward trend every year. In 2008, these industries grew by 27 percent while the value of their investment in 2009 reached Rp530 trillion.
"There are 32 new investors who have expressed a commitment to construct new sugar mills," Industry MS Hidayat said after a seminar on the revitalization of sugar in industry here on Monday.
He said that in order to support the revitalization of sugar industry in the country, the Forestry Ministry would provide 500 thousand hectares of land in Lampung, South Sumatra and Sulawesi.
"Actually we only need 300,000 hectares, but it seems that the forestry ministry will provide 500,000 hectares, of which about 400,000 hectares are already available," he said.
But the minister admitted he could not yet make an estimate on the amount of funds the 32 investors would need to set up sugar cane plantations on the 500,000 hectares of land.
The government through the Ministry of Agriculture has set a participation funding post in the state budget for a sugar cane revitalization program but several state-owned firms (BUMNs) have proposed other funding options beyond the participation funding scheme.
According to Hidayat, at present there are 51 sugar mills in the country, of which 41 are owned by BUMNs and 10 by private companies.
In the meantime, chairman of the Indonesian Food and Beverage Industries Association (Gapmmi) Thomas Darmawan said the construction of sugar mills will need at least 40,000 hectares of land. "Except for refined sugar factory, it will need a smaller size of land," he said.
The growth of food and drink industries continues to experience an upward trend every year. In 2008, these industries grew by 27 percent while the value of their investment in 2009 reached Rp530 trillion.
