Indonesia to boost incentives for palm oil downstream sector

Indonesia, now the world’s number one crude palm oil (CPO) producer, wants to become number one in the palm oil downstream sector, with a number of government incentives currently being deliberated to boost the downstream sector. Coordinating Minister for Economy Hatta Radjasa said that a government regulation was being prepared to provide the basis whereby the government could provide incentives to investors in the downstream sector of the palm oil industry. (December 3, 2009)