Indonesian government plans $530 million NR revitalization

qiangzi

Thursday, July 19, 2012
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Jakarta - The Indonesian government plans to spend $530 million to revitalize state-owned rubber plantations with a target to increase productivity by 44.5% to an annual average of 1,300 kilograms per hectare by 2015. The revitalization program would cover 350,000 hectares of plantation area. Productivity is the main problem for local rubber producers, as their annual rubber output per hectare is still far lower than other rubber producers in Southeast Asia, such as Thailand and Malaysia. Thailand, for example, can produce more than 1,500 kilograms per hectare