East Kalimantan governor encourages Chinese investment in biodiesel plant
In Indonesia, Indonesia Business Post reported that the Governor of East Kalimantan, Akmal Malik, encouraged Chinese companies to invest in building a biodiesel plant in East Kalimantan, Indonesia, emphasizing the region’s significant palm oil production potential.
The offer was conveyed during a recent visit to China. During the visit, Akmal explored investment opportunities with various companies, including Petroleum LR, a state-owned enterprise and palm oil importer.
“East Kalimantan has 1.5 million hectares of oil palm plantations,106 factories, and a projected 2024 production of 4.59 million tons of CPO and 19.8 million tons of fresh fruit bunches (FFB). Our largest exports are to China and India. We can facilitate palm oil exports through around 112 local companies,” Akmal said.
Category: Policy
