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Astra will be the first company to enter the palm oil sector in North Maluku

PT Astra Argo Lestari Tbk, (Astra) will invest their money to the amount of almost Rp. 2 trillion on palm oil plantations at west Halmahera, Ternate, North Maluku. With that money, Astra will initially use about 10,000 hectares of land to conduct a pilot project involving local farmers.

Now,  Astra has been prepare anything needed to support theirs planning before the plan is implemented in early 2008. For example, soonly Astra will send theirs official to survey the area condition to surely and also doing the possibility studies.

If the planning of Astra become to realize in early 2008, so it will be the first company to enter the palm oil sector in North Maluku. Refer to this plan, local government of Maluku will support of the plan due to the fact, cause it would be creating the jobs and of course will improve the welfare of local farmers too. Finally, it must be influence to increase the domestic economic growht.

Currently, most of private firms in North Maluku are engaged in the minning, foresty and fishery sectors. 

 

 

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