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Thursday, April 26, 2007

Papua offers 1 mln hectares of land for oil palm plantation

Jakarta (ANTARA News/Asia Pulse) - The provincial administration of Papua said it will make available 1 million hectares of land for oil palm plantations. The Sinar Mas Group, the Medco Group and an investor from Malaysia, Federal Land Development Authority (Felda), have indicated interest in building oil palm plantations in the province.

"We have given approval for land clearing covering 1 million hectares of hereditary lands as requested by investors," Papua Governor Barnabas Saebu said.

He added that Papua could provide up to 4 million hectares for them in 10 years if they need expansion.

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