Subscribe SugarThe government via state-owned plantation company PTPN XI will start commercial development of drought-resistant transgenic sugarcane crops in 2013.
The government plans to import sugarcane seeds from Colombia as part of efforts to achieve higher extraction rate of 10 percent.
The Indonesian Sugar Council recommends the country to import 240,000 tons of raw sugar this year to help meet domestic demand.
The government will summon the managers and directors of 20 poor-performing state-owned sugar mills at the end of next month to discuss ways to improve their performance.
PT Permata Tene will build a new sugar mill in Probolinggo, East Java, with total investment of between Rp 1.5-2 trillion.
