SOEs collaborate for sustainable development in Merauke

  • Published on 02/05/2024 at 13:17 GMT+7

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State-Owned Enterprises (SOEs) are actively involved in the Acceleration Task Force for Sugar and Bioethanol Self-Sufficiency in Merauke Regency, South Papua Province.

Deputy Minister of State-Owned Enterprises, Kartika Wirjoatmodjo, announced plans for a joint venture between Danareksa and Perhutani to manage a 2 million-hectare area in Merauke, South Papua province. This venture aims to replicate successful models seen in other regions like Batang, Central Java province.

The collaboration signifies a strategic effort to leverage the expertise and resources of both Danareksa and Perhutani in sustainable land management and bioethanol production. By integrating state-owned enterprises, such as PTPN and Pertamina, the initiative seeks to create synergies that drive economic growth while addressing environmental challenges.

The appointment of Minister Bahlil Lahadalia as the head of the Acceleration Task Force underscores the government's commitment to achieving sugar and bioethanol self-sufficiency targets, as outlined in Presidential Regulation No. 40/2023.

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