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Indonesia: Helping farmers, INKUD collaborates with Chinese private sector to develop rice commodities

Published May 23, 2024

Tridge summary

The Village Unit Cooperative Holding (INKUD) of Indonesia is partnering with China to establish milk factories and rice mills in the country. The collaboration, announced by Dr Ferry Juliantono, Secretary of the INKUD Advisory Board, involves working with the Chinese private sector to develop rice and milk commodities. The partnership also includes the establishment of an agricultural machinery factory and sugarcane planting and processing in Indonesia. The initiative is aimed at boosting investment, supporting farmers and livestock breeders, and addressing food security issues, in line with the government's priorities.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

REPUBLIKA.CO.ID, JAKARTA— Village Unit Cooperative Holding (INKUD) is collaborating with China to develop milk factories and rice mills in Indonesia. Secretary of the INKUD Advisory Board, Dr Ferry Juliantono, said that his party was collaborating with the private sector in China in developing rice and milk commodities. "Today there was a signing of cooperation between the Main Village Unit Cooperative (Inkud) and Beidahuang Wandashaw Dairy Industry in developing a milk processing factory and with Jidong County Huaguan Rice Industry for cooperation in rice milling," said Fery, Tuesday (21/5/2024 ) in the statement. He revealed that the signing of the memorandum of understanding between each party was carried out directly by the General Chairperson of INKUD, Portasius Nggedi. "During our visit to China we also plan to work together to build an agricultural machinery factory and sugar cane planting and sugar factory in Indonesia," he said. Also present on this occasion was Sitatin ...
Source: Republika
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