REPUBLIKA.CO.ID, JAKARTA - Three Indonesian state-owned enterprises (SOEs) begins to explore development of cattle in Australia by providing an area of one million hectares. They are PT Rajawali Nusantara Indonesia (agroindustry, pharmaceutical and medical manufacturer), Perum Bulog (food logistics) and PT Pupuk Indonesia (fertilizer manufacturer).
"The three state-owned companies will provide funds worth 300 billion IDR. Currently, we are conducting a feasibility study to measure the competence of each company," President Director of Rajawai Nusantara Indonesia, Ismed Hasan said recently.
This synergy is expected to accelerate the development of cattle farm in Australia. Before July 20, 2013, result of the feasibility study will be tested by Ministry of State-Owned Enterprises. State-owned banks also support the funding, including Bank Mandiri, Bank Rakyat Indonesia (BRI) and Bank Negara Indonesia (BNI).
The farm land in Australia will be used to produce calves then processed and sent to Indonesia in frozen meat. Hasan said, Indonesia could imitate other countries to meet domestic needs in meat consumption. Hasan said China had four million hectares of food land in Nigeria. Next, Malaysia had four million hectares and Brunei Darussalam had two million hectares abroad.