TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

RI climate turns Fonterra off investing in dairy facilities

  • Novia D. Rulistia

    The Jakarta Post

Jakarta   /   Thu, April 24 2008   /  12:25 am

New Zealand-based milk producer Fonterra Group says it is unlikely to invest in processing facilities in Indonesia as the climate and environmental conditions are less than ideal for breeding cows and milk of its desired standards. "We choose to expand our investment in countries which have cooler climates, such as China, Australia and North America," managing director for Asia, Middle East and Africa, Mark Wilson said Tuesday. He said in those countries there was no need to spend extra money feeding the cows as grass was always abundant. In Indonesia, most cow farmers have to buy grass to feed their cattle. "It doesn't mean that we are closing the door on investment here, but efficiency is still our main consideration," he said. The multinational company was established by groups of farmer cooperatives comprising 11,600 cow farmers. It produ...