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PTPN XIV Needs IDR2.7 Trillion To Expand Business

Amri Nur Rahmat, Intan Permatasari   -   Thursday, January 23 2014, 12:01 pm

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MAKASSAR— PT Perkebunan Nusantara XIV (Persero) states it now needs IDR2.7 trillion investment fund to develop its palm oil and rubber business.President Director of PTPN XIV Budi Purnomo said the fund will be spent on optimizing land for palm plantation measuring 60,000 hectares and developing rubber commodity which also becomes its business. “The land reaches 60,000 hectares. It is expected to be carried out soon with IDR2.7 trillion investment,” he said, Wednesday (1/22) ...

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