Government Plans & Incentives for Encouraging Palm Oil Investments in Indonesia
(PRWEB) December 16, 2009
The Sustainable Oil Palm plantation conference, which meets in Jakarta on 21-22 Jan 2010, will provide a window of opportunity for the Oil Palm industry to seek clarity on managing a sustainable oil palm business.
The conference meets at a time when Consumer product companies are increasingly buying sustainable palm oil for use. After a slow start, product manufacturers and retail companies began purchasing sustainable palm oil in 2009, bringing millions of dollars in extra revenue to certified producers. Over the last twelve months, certified producers were able to sell over 22 percent of their sustainable oil at a premium price. In September and October, market uptake rose to about 50 percent.
The timely conference is for oil palm plantation owners seeking information on complying with sustainable cultivation standards. Providing a complete view of the value chain, the conference will address plantation management, covering land, human resources and fertilizer management, and other agricultural best practices, and even genome technology for improved oil palm yields.
Also on the agenda, is a session on the RSPO certification process and potential pitfalls, including one on tapping on carbon credits to enhance sustainable practice and secure additional revenues.
The Sustainable Oil Palm Plantations conference will also focus on the Oil Palm industry in Indonesia, where plantation companies from China, India and Malaysia are acquiring additional green fields for plantations, or investing in local oil palm companies.
In fact, Ir Achmad Mangga Barani, Indonesia's Director General of Estate Crops will provide the Opening Address at the conference. Ir Achmad will discuss "Government Plans & Incentives for Encouraging Palm Oil Investments in Indonesia" in his speech. Other key Indonesian regulators speaking at the conference include Agustinus Teras Narang, Governor of Central Kalimantan, and Herliyan Saleh, Head of Department of Industry and Trade in Riau province. Both will provide an update on oil palm plantation investment opportunities in their respective regions.
Legal experts from Hanafiah Ponggawa & Partners and Price Waterhouse Coopers will weigh in on resolving disputes from land acquisitions, land settlement schemes, and tax and share holding ownership for JVs in Indonesia. Experts from Nexant are also expected to discuss the realities of biofuels from palm oils.
Sustainable Oil Palm Plantations conference is now accepting registrations for the conference, as well as enquiries on sponsorship packages, media partnerships and exhibition space. For further enquiries, contact Ms Reema Patnaik at +65-63469144.
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