September 3, 2007 (Antara)- Kupang, East Nusa Tenggara (ANTARA News) – Jatropha curcas linn trees raised in East Nusatenggara have a big potential causing an Israeli investor Merhavv Group to decide to invest US$700 million in the province, an Indonesian entrepreneur said. “East Nusatenggara is suitable for the raising of jatropha curcas linn so that Merhavv Group is ready to make a big-scale investment in biofuel producing plantations,” Indonesian private firm PT Mahattan director Sudiro Andiwiguna said here Sunday.
Merhavv Group is prepared for a project to develop jatropha curcas into biofuel in Sulamu in Kupang district, he said after visiting the area.
Sudiro and Merhavv Group director Gideon Weinstein and two other Israeli businessmen, namely Jacgues Eshel and Yosef Ziv visited the jatropha curcas linn plantation in Sulamu on Friday.
The Merhavv Group representatives met with Kupang district head Ibrahim A. Medah also on Friday to discuss the plan.
The Kupang district administration has developed a biofuel plantation on 50,000 ha of land in Sulamu since 2006.
Sudiro said the investment of $700 million would also be used to manage 100,000 ha of jatropha curcas linn plantation in East Sumba district.
PT Manhattan Capital has told the agriculture minister and the energy and mineral resources minister about the program, he said adding that it will also work together with state agro firm PT Rajawali Nusantara Indonesia (RNI) to develop the jatropha curcas linn plant into biofuel in East Nusatenggara.
Meanwhile, Merhavv Group director Gideon Weinstein said his part certainly needed a large port for smooth investment.
In the meeting with Kupang district head Ibrahim A. Medah, Weinstein said his company needed a port which would be built on five hectares of land.
Ibrahim said the Kupang district administration would hold a meeting with the relevant agencies building the port in Sulamu area.
2 thoughts on “Another US$500+ million Jatropha Project in Indonesia? Right…”
From: M/S. A. R. Raihan Trading Corporation / Bangladesh
I am Mohammed Arifur Rahman Owner of A.R.Raihan Trading Corporation,Bangladesh, the company founded on 1999 with importing and exporting business.
Presently we are doing various kinds of Business like as Brokering, Sourcing, Buying.
By this time, We are interested to extend our business network in various kinds of industrial business project in Bangladesh. but there are some financial problems at our end to build up large range industrial project in Bangladesh.
For above we are looking right international investor / partners company, who has interested to extend their business network in abroad country in Bangladesh with us to do business under mutual and trusted business co-operation as partner.
FYG we have searching in internet to find out some investor / partnership establish a easy and fully new industrial project in Bangladehsh. At least we found your good company with internet search,who has been interested to work with abroad partners in any country of world on biofuels project.
In this regards, we would like to advise you that we have study on Biofuels products and source of raw material of biofuel. for above we can assure you that we have confidence to give you prompt partnership assistance to plantation and produce biofuel rawmaterials (Jatropha seed) with cheapest cost than other country in the World.
WE HAVE STRONG NETWORK AND CAPABILITY TO MANAGE ANY KINDS OF LAND FOR JATROPHA SEED PLANTATION OR PRODUCTION. THE LAND MAY BE 10,00,000 HACTOR OR MORE.
We can internally manage all land with easy way, if you /your company will able to more investing support with partnership co-operation with us.
Pls confirm your interest to progress business co-operation day by day for long term business relation for near future.
Mohammed Arifur Rahman
M/S. A. R. RAIHAN TRADING CORPORATION
16,Agrabad C/A,Concord Building(1st floor), Chittagong, Bangladesh.
I am interesting with your offer.