Monday, 03 November, 2008 | 20:32 WIB
TEMPO Interactive, Bekasi: The government will require bio-fuel producers to supply products for local demands through the domestic market obligation regulation. “For the time being, we will require them to supply around 50 percent of the total national demands,” explained Energy and Mineral Resources minister, Purnomo Yusgiantoro, during his visit to PT Darmex Biofuel in Bekasi last Friday.
Purnomo hopes that with the new regulation, the bio-fuel industry will become more attractive for investment, because his department had also issued mandatory regulations on using bio-fuel. Income tax incentives are also regulated in the Law no.62/2008 on Income Tax Facilities for Certain Investments. “This can be regarded as a pioneering industry,” Purnomo said.
AGOENG WIJAYA
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