SAMARINDA – The economical development in East Kalimantan in the first semester 2014 was significantly postponed. This happened for the slow progress from other sectors. But crude palm oil (CPO) sector made it stable to support the slow progress.
“The decreasing demand in global coal, especially from China, influenced the slow economical progress in that sector. But it was supported by non oil and gas sectors, such as, fertilizer and CPO,” Economic Analyst from Indonesian Bank Representative East Kalimantan, Oikos Mando Pandjaitan said it in his Economic Outlook in East Kalimantan, Tuesday (19/8/2014), as quoted from Sapos.
It noted, in 2013, East Kalimantan was in the fourth place with its production about 4,5% or 1,25 millions tons, then Riau about 23,9%, North Sumatera about 16%, dan and Central Kalimantan about 10,8%.(T3)
