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ambition to be self-sufficient in sugar. Indonesia’s President, in November 2022, announced a plan to become self-sufficient in sugar by 2030. Each previous attempt at sugar self-sufficiency has fallen short. This time, the self-sufficiency ambition would be met by expanding cane area under state-run sugar mills from 180,000ha to
On the back of growing demand from an expanding middle class and sizeable investments from Japanese manufacturers, Indonesia’s car industry is gradually moving towards self-sufficiency. However, a number of challenges – deriving from a weakened currency, unfavourable tax policies and other issues – continue to restrict the acceleration of ...
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JAKARTA - Chairman of the Indonesian Automotive Industry Association (Gaikindo) Yohannes Nangoi said that currently, Indonesia has succeeded in achieving self-sufficiency in car production for the domestic market. In fact, he said that local producers have succeeded in increasing the performance of export production which reached 330.000 units.
- Insight Focus
- Ambitious Plans
- The Cane Sector Needs Investment
- Sugar Consumption Is Growing Quickly
- Possible Growth Scenarios For Indonesia’s Cane Sector
- Making Plantation White Sugar Or Refined?
Indonesia’s President has announced a plan to become self-sufficient in sugar by 2028.It’ll be tricky to achieve; consumption is growing rapidly and the cane sector needs heavy investment.Can it succeed?Politicians frequently question why Indonesia spends so much on importing sugar when the money could be spent on expanding the domestic cane milling sector to make Indonesia self-sufficient. . . Indonesia is proposing to expand state-run cane area to 700k ha from 180k ha, not just in the traditional sugar heartland of Java, but also in other region...
There are 62 cane mills in operation in Indonesia, of which 43 are state-owned. Many of these state-owned mills were built during the Dutch colonial era and some still operate machinery that’s almost 100 years old. These mills won’t be as efficient as newly-equipped plants. 19 mills are privately owned, and this is where the industry’s capacity gro...
Sugar self-sufficiency isn’t a static target. Today Indonesia consumes around 7.3m tonnes sugar each year. But in the eight years to 2020 (when COVID restrictions disrupted the stats), Indonesian sugar consumption grew at 2.7% per year. This is underpinned by rising wealth. In the future consumption is more likely to grow with population. . In Thro...
Here are some potential scenarios. 1. Cane acreage increases to 1m tonnes. 2. No agricultural yield improvement. 3. No sucrose yield improvement. 72m tonnes of cane would be grown, exceeding current milling capacity. The government will need to invest in the mills. 5.4m tonnes sugar would be produced, 1. Cane acreage unchanged at today’s 450k ha. 2...
The Indonesian sugar market is heavily controlled by the government, who apply strict segregation. Cane mills can only make plantation white sugar for household consumption. Raw sugar refineries can only make refined sugar for industrial food and beverage companies. This points to a self-sufficiency problem: if refined sugar supply is dependent on ...
Feb 21, 2022 · 21 February 2022. By: Hendra Lie (Tax Partner, PwC Indonesia) Nothing lasts forever, not even a pandemic-induced downturn in Indonesia's automotive industry, as several data and events have indicated that the industry is getting back on its feet.
Indonesia’s President, in November 2022, announced a plan to become self-sufficient in sugar by 2030. Each previous attempt at sugar self-sufficiency has fallen short. This time, the self-sufficiency ambition would be met by expanding cane area under state-run sugar mills from 180,000ha to 700,000ha, not just in the traditional sugar ...
Indonesia's automotive industry outlook. The automotive sector is one of the key pillars supporting the growth of the manufacturing industry and the national economy. The free trade agreement...
