ID :
14247
Tue, 07/29/2008 - 17:38
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http://m.oananews.org//node/14247
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KOREAN CO TO INVEST US$2 BILLION IN MAIZE PLANTATIONS IN C SULAWESI
Palu, C Sulawesi, July 29 (ANTARA) - South Korean company PT Agro Enerpia Indonesia will invest US$2 billion in maize plantations in Buol district, Central Sulawesi, a regional government spokesman said.
Head of the human relations affairs of the Buol regional government, Musadianto Madusila, said here on Tuesday the South Korean company had conducted a survey of a number of locations in several sub districts for the sites of the maize plantations.
Among the sub-districts it had observed are Bunobogu and Tiloan, he said.
Madusila said the South Korean company needed 25,000 hectares of land for its maize plantations but the land available for maize cultivation in Buol district was only 10,000 hectares so that it still needed another 15,000 hectares.
The locations are scattered in two sub districts, namely 6,300 hectares in Palele Gadung and 3,700 hectares in Bunobugu.
Madusila said the company would still survey locations in other districts.
"Besides maize plantations, the company will also build maize factories at the project locations," he added.
He said the investor had also observed Ponipingan port through which heavy equipment to support the maize plantationproject would be transported into the district.
Head of the human relations affairs of the Buol regional government, Musadianto Madusila, said here on Tuesday the South Korean company had conducted a survey of a number of locations in several sub districts for the sites of the maize plantations.
Among the sub-districts it had observed are Bunobogu and Tiloan, he said.
Madusila said the South Korean company needed 25,000 hectares of land for its maize plantations but the land available for maize cultivation in Buol district was only 10,000 hectares so that it still needed another 15,000 hectares.
The locations are scattered in two sub districts, namely 6,300 hectares in Palele Gadung and 3,700 hectares in Bunobugu.
Madusila said the company would still survey locations in other districts.
"Besides maize plantations, the company will also build maize factories at the project locations," he added.
He said the investor had also observed Ponipingan port through which heavy equipment to support the maize plantationproject would be transported into the district.
