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Article: INDONESIAN GOVT FAVORS FDI IN INDUSTRIAL CROP FORESTS : MINISTER.
- Article from:
- AsiaPulse News
- Article date:
- March 6, 2009
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JAKARTA, March 6 Asia Pulse - The Indonesian government will accommodate the needs and facilitate the entry of prospective foreign investment in industrial crop forests (HTIs) in the country because such investments have bright prospects, Forestry Minister MS Ka'ban said.
The minister made the statement after witnessing the signing of an MoU by the Wana Nusantara Housing Cooperative (KPWN), PT Korea Indonesia Forest Cooperation (KIFC), state forestry company Perum Perhutani and the Korea Forest Service on a project to develop 500 hectares of industrial crop forests in Indonesia.
He said the MoU, which was a followup to an agreement reached by the ...