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PTPN Holding Nusantara: Support National Strategic Project by Establishing Three Sub-holdings



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PTPN Holding Nusantara: Support National Strategic Project by Establishing Three Sub-holdings

InfoSAWIT, JAKARTA – Director of Holding Perkebunan Nusantara PTPN III (Persero), Mohammad Abdul Ghani in focus group discussion (FGD) with Commission IV Indonesian Legislators, Wednesday (5/4/2023) told that the company would keep accelerating smallholders replanting program (SRP) as one strategic initiative of the groups to support national strategic program that the government planned.

He also told, SRP is one way to increase palm oil plantation productivity nationally. “PTPN Group would keep expanding its plantation to escalate crude palm oil (CPO) production,” he said, as InfoSAWIT quoted from the official page of the company, Tuesday (11/4/2023),

To realize the goal, it needs the right cooperation and encouragement from many parties by their roles. “Such as, about partnership among smallholders, unions, and the company. We have to improve it to get sustainable SRP,” Abdul Ghani said.

One thing to accelerate the strategic initiative is that PTPN Group would integrate its business by establishing three sub-holdings, they are, PalmCO, SugarCo, and SupportingCo.

“The project to make PalmCo as the biggest palm oil company in the world is that we are optimize to realize food and energy security as same as in the national strategic projects (NSP),” he said.

The other initiative in Holding Perkebunan Nusantara to support NSP is about downstream sectors in food to realize self-sufficiency target of consumption sugar in 2028 and industrial sugar in 2030. “PTPN Group would do, such as, expand areas, escalate sugarcane production, escalate sugar yield, do technical guidelines, and help to facilitate every developed farmer through PT SGN (SugarCo),” Abdul Ghani said.

He continued PTPN Group would develop agro-tourism that would prioritize the impacts of environmental, social, and governance (ESG) of the company based on the principle.

Some principles that are consistently running are, to have environmental management system (ISO 14001), identification of conservation areas and plan to maintain natural conservation, make plans of waste management implementation by maximizing circularity which has been implemented in Nimo Highland Pangalengan, Bandung, West Java Province.

“By implementing ESG principles, it is hoped to deliver the positive in many aspects, such as, the sustainability of tourism environment, and could become something interesting for many investors (to invest),” Abdul Ghani said. (T2)


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