BANANAS INCREASINGLY ATTRACTIVE TO INVESTORS From: Indonesian Commercial Newsletter | Date: January 11, 1994 | COPYRIGHT 1994 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Since Sinar Mas Group started to cultivate bananas on a large-scale basis in Maluku and Halmahera in 1991, this horticultural commodity has been increasingly attractive to investors. Before long, Kodel Group, Astra Group, Gunung Sewu Group, and PT Hasfarm followed Sinar Mas Group's step. Now, in 1993, at least another three investors have obtained permanent licenses from the Investment Coordinating Board (BKPM) for their banana projects.

These three investors are PT Bumi B...

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