Canadian forestry tycoon Jackson Wijaya plans to take control of controversial Indonesian paper firm APP.

Jackson Wijaya, owner of Canada's largest forestry firm Paper Excellence, plans to take direct control of Asia Pulp & Paper (APP), a company owned by his father and based in Indonesia and China. This move contradicts years of denials from both companies about any connection. Environmental groups are concerned, citing APP's poor environmental record and suspicions of hidden control over Canadian assets. The announcement comes after Canada and Indonesia signed a free trade pact, raising questions about the companies' transparency and future environmental impacts.

November 20, 2024
14 Articles

Further Reading