Indonesia: Monitoring dairy cattle investment from Vietnam, Minister of Agriculture prepares land locations

Published 2024년 11월 4일

Tridge summary

The Indonesian government, with the help of Vietnamese investor TH Group, is taking steps to boost national milk production by developing dairy farms across three locations in Indonesia: Central Sulawesi, South Kalimantan, and South Sulawesi. The plan involves a total of 82,000 hectares of land, aimed at increasing milk production to meet domestic demands. This initiative is part of a memorandum of understanding signed in May 2024, which includes the import of breeding cattle to speed up the availability of milk, as achieving self-sufficiency relying on existing breeding cattle would take longer. The project is expected to have significant economic implications, providing opportunities for local and international entrepreneurs and supporting the government's free nutritious meal program.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

REPUBLIKA.CO.ID, JAKARTA -- Minister of Agriculture (Mentan) Andi Amran Sulaiman said that the Government has prepared three areas for dairy farms, in order to increase national milk production and support domestic needs through Vietnamese investment. The Minister of Agriculture said that the Government has prepared land in three locations, namely in Central Sulawesi, South Kalimantan, and South Sulawesi, as a place to build dairy farms for investment from Vietnam. "We have reviewed Poso (Central Sulawesi) with the TH Group company (a Vietnamese company). There is 12 thousand hectares of land there, while in South Sulawesi there are 30 thousand hectares and in Central Kalimantan 50 thousand hectares," said the Minister of Agriculture in a statement in Jakarta, Saturday (3/11/2024). He said that TH Group is a large company from Vietnam that is ready to support Indonesia in increasing domestic beef and milk production. "They plan to develop the cattle breeding industry, livestock ...
Source: Republika

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