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Tuesday, May 15, 2007

Indonesian govt to spend US$5 bln revitalizing sugar mills

Jakarta (ANTARA News/Asia Pulse) - The Indonesian government is to make US$5 billion in funds available to revitalize old sugar mills in the country, a spokesman said.

Industry Minister Fahmi Idris said here on Monday there were at present only 10 to 20 sugar mills in the country that were under 10 years old.

He said the drop in the country's sugar production was in part related to the technology used in the sugar mills and therefore revitalizing their machines would be the main priority. Most of the mills are located in Central and East Java.

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