JAKARTA: Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30%, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.
A new draft bill drawn up by members of Indonesia’s parliament aims to open up the sector to smaller, local players.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
