Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

                         
November 13, 2008

                          

South Korean firm to build integrated corn plant in Indonesia
                         
 

Korea Business and Economic Corporation is set to construct an integrated corn processing facility in Gowa, South Sulawesi, with an investment of US$279 million.
 

The plant will produce packed corn grain, and construction will be carried out by the firm's subsidiary International Resource and Energy Development (IRED).

 

The plant will consist of three factories; the first will have a corn processing warehouse, corn drying silos, a granary and a packing and export warehouse; the second factory will produce pulp and paper from corn cobs and branches; and the third factory will produce compost and biogas from corn leaves, roots and skins.

 

IRED director Moon said the operation would depend on a cooperation with local farmers supplying corn. Gowa has been chosen for the project site as it is close to Soekarno Hatta Seaport and has a large area of corn plantations which ensure supply of raw materials, said Moon.

 

Gowa regent Ichsan said his administration had prepared 250 hectares on Gowa Industrial Estate for the factories. The project is expected to encompass 15,000 hectares of corn farms.

 

Corn production in the province is expected to reach 1.5 million tonnes next year.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read