Sunday, May 12, 2013

Indonesia launches first CPO land export

Deputy Trade Minister Bayu Krisnamurthi has sent its first exports of crude palm oil (CPO) by land at the Indonesia-Malaysia Nanga Badau border checkpoint in Kapuas Hulu, West Kalimantan.

Sixty tonnes of CPO will be sent to Serawak, Malaysia, by PT. 

Paramitra Internusa Pratama, a subsidiary of PT Sinarmas Agribusiness and Food, one of Indonesia's leading conglomerates.

"The opening of an export land lane in Badau is very strategic to our interests in our effort to sell our commodities externally," the deputy minister said on Saturday.

Badau is currently the nation's only industrial-scale export land lane. The government has opened a customs and excise office at the border post to speed exports.

Paramitra CEO Susanto said the company would soon expand capacity to 80 tonnes to meet market demand and would pay attention to local residents and local business businesses.

"We are not just doing business here. We’re also building the society and infrastructure like education and healthcare facilities," he said.

Palm oil plantations in Kalimantan are expected to produce 4.5 tonnes of CPO in 2013, which would be up from 2.4 million tonnes last year and would place the island behind Sumatra, which produced 18 million tonnes of CPO last year, as the nation’s largest producer.-Asia News Network

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