Tridge summary
Over 200 investor entities have shown commitment to the livestock sector in the country, with a focus on dairy and beef cattle farming. Local investors often prefer partnerships, while foreign investors tend to establish their own farms. The majority of farms in the country are small-scale and not integrated with the processing industry. By 2025, investments in dairy cattle farming are projected to materialize, with plans to expand dairy farming across 1.5 million hectares of land. The goal is to meet over 50 percent of the nation's fresh milk demand through this initiative, with both local and foreign investments.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
"There are more than 200 investor entities committed to the livestock sector, with most local investors opting for partnership schemes, while foreign investors tend to build their own farms", said Agung Suganda, director general of livestock and animal health at the Ministry of Agriculture. He noted that 134 investors are engaged in dairy cattle farming, while around 70 are involved in beef cattle farming. About 90 percent of farms in the country are small-scale and not integrated with the processing industry. Investments in dairy cattle farming are expected to be realized by 2025, with at least 1.5 million hectares of land available across ...
Source: EuroMeat
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