KUALA LUMPUR: Kalimantan, Sumatra and Papua in Indonesia still offer huge prospects in oil palm ventures both in the upstream and downstream operations for investors but they must carefully mitigate the roadblocks in the Indonesian palm oil industry in order to capitalise on the opportunities.
PT Agro Harapan Lestari head of sustainability Edi Suhardi said investors, among others, would encounter lengthy and uncertain process to obtain permits, licences and approvals from relevant government authorities on company incorporation, land ownership and plantation operational licensing.
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