ID :
16265
Mon, 08/18/2008 - 21:56
Auther :
Shortlink :
https://www.oananews.org//node/16265
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TAIWANESE COY EYING BIO-DIESEL BUSINESS IN INDONESIA
Taipei, Aug 18 (ANTARA) - Taiwanese state-owned mining and energy company CPC corporation is interested in investing in the bio-diesel business in Indonesia, Suhartono, Head of Indonesia's Trade and Economic Representative office here, said.
"CPC Corporation told us about its intention to invest in the bio-energy business, particularly in the cultivation of jatropha curcas plantation," Suhartono said here Monday.
He said that he was now waiting for a follow up step of the Taiwanese company. Suhartono hoped that CPC would realize its plan soon.
"We hope that it would invest in the jatropha curcas refinery project in Indonesia such as what it is doing here," he said.
Suhartono said that if the company carried out its investment in Indonesia it would benefit both sides. "They have the technology which we could maximally take advantage of while we have specious lands they could cultivate for jatropha curcas plantations. It would also absorb local workers," he added.
He said that the CPC intention to invest in the bio-diesel business in Indonesia was actually a step to reinforce its business.
"Besides to maintain domestic bio-diesel supplies at home, I think they will also sell it to other countries because the need for bio-diesel in the world market continues to increase in line with the upward trend of global crude prices," he said.
"CPC Corporation told us about its intention to invest in the bio-energy business, particularly in the cultivation of jatropha curcas plantation," Suhartono said here Monday.
He said that he was now waiting for a follow up step of the Taiwanese company. Suhartono hoped that CPC would realize its plan soon.
"We hope that it would invest in the jatropha curcas refinery project in Indonesia such as what it is doing here," he said.
Suhartono said that if the company carried out its investment in Indonesia it would benefit both sides. "They have the technology which we could maximally take advantage of while we have specious lands they could cultivate for jatropha curcas plantations. It would also absorb local workers," he added.
He said that the CPC intention to invest in the bio-diesel business in Indonesia was actually a step to reinforce its business.
"Besides to maintain domestic bio-diesel supplies at home, I think they will also sell it to other countries because the need for bio-diesel in the world market continues to increase in line with the upward trend of global crude prices," he said.