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Jakarta Post

RI looks west to Papua, West Papua for green investing, empowering farmers

  • A. Muh. Ibnu Aqil

    The Jakarta Post

Jakarta   /   Wed, March 4 2020   /  01:48 am

The government is inviting the private sector to participate in promoting green investments to empower farmers in Papua and West Papua and to reduce the two provincial economies' dependency on oil palm plantations and forestry.Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan said that at least 24 companies, including American coffee company Starbucks, had expressed interest in green investments in the nation’s westernmost territory.The government is looking to raise about Rp 2.8 trillion (US$200 million) for the green investment program through private-sector grants and investment as well as state funds.The investment program aims to help local farmers cultivate cash crops such as cacao, coffee, nutmeg, sago and algae as well as develop local ecotourism. As many as 60,000 families in the two provinces are expected to benefit from the program.“[We don't want] the...