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Bulog targets Rp 2 trillion funds to buy storage facilities for rice, corn, soybean.

The State Logistics Agency (Bulog) has proposed a Rp 2 trillion (US$ 150.6 million) capital injection to create storage-integrated dryers and milling facilities to increase the quality and quantity of three primary commodities: rice, corn, and soybean, the agency chief said.

Anton Hermansyah (The Jakarta Post)

Jakarta

Thu, June 23, 2016 Published on Jun. 22, 2016 Published on 2016-06-22T19:57:23+07:00

Bulog targets Rp 2 trillion funds to buy storage facilities for rice, corn, soybean.

People purchase rice during a market operation in Bulak Banteng subdistrict, Surabaya, East Java, on March 10. The State Logistics Agency (Bulog) organized the event. (Antara/Bima)

T

he State Logistics Agency (Bulog) has proposed a Rp 2 trillion (US$ 150.6 million) capital injection to create storage-integrated dryers and milling facilities to increase the quality and quantity of three primary commodities: rice, corn, and soybean, the agency chief said.

"There is a need for modern-dryer facilities because the harvest time for corn and rice happens in the rainy season, where the traditional method cannot do the job properly," Bulog president director Djarot Kusumayakti told the jakartapost.com on Wednesday at the House of Representative (DPR) complex in Jakarta.

The Bulog, which previously controlled 11 commodities, is expected to allocate Rp 1.4 trillion of the proposed funds to rice milling plants and another Rp 479 billion for corn dryers and soybean, he said. (dan)