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Indonesia invests $604M to expand processing and farming of key crops, targeting 1.6M jobs and higher export value.
Indonesia has allocated 9.9 trillion rupiahs (about $604 million) to boost downstream processing of key plantation crops like coconut, cocoa, cashew, coffee, pepper, and nutmeg.
The funds will support replanting and expansion across 800,000 hectares in suitable regions, aiming to create 1.6 million jobs within two years and increase the value of agricultural products domestically and internationally.
The initiative supports national food security, job creation, and sustainable farming practices.
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Indonesia invierte $604 millones para expandir el procesamiento y cultivo de cultivos clave, apuntando a 1.6 millones de empleos y un mayor valor de exportación.