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West Sulawesi Aims to Improve Agribusiness Investments
June 12, 2024The West Sulawesi Provincial Government is set to stimulate agro-business investments in order to enhance the welfare of local farmers and foster regional economic growth.
"The West Sulawesi Provincial Government will stimulate agro-business investments, focusing on commodities with significant development potential such as Cavendish bananas, papayas, oranges, and mangoes," West Sulawesi Province Investment and One-Stop Integrated Services Office (DPMPTSP) Head Habibi Azis stated in Mamuju Regency on Jun. 9, 2024.
Habibi said that the West Sulawesi Provincial Government would provide support and technical assistance to farmers and agribusiness players to boost the production of Cavendish bananas and meet export standards.
He claimed that Cavendish bananas are poised to attract investment, similar to the commodity's successful cultivation for over 200 hectares by farmers in Bone Regency, South Sulawesi Province.
"The Cavendish banana commodity holds great promise in West Sulawesi, as domestic production currently meets only about 35 percent of the banana demand from 65 countries worldwide," he explained.
He added that the high price of this commodity, around Rp27,000 for three banana plants, could significantly improve farmers' welfare. Therefore, the West Sulawesi Provincial Government plans to scale up Cavendish banana production and encourages public participation in its development.
"West Sulawesi is already a banana-producing region with suitable land and climate for banana cultivation," he said.
Habibi emphasized that investment in West Sulawesi would flourish with the development of the banana commodity, and the Provincial Government is optimistic about achieving its investment target of Rp3.9 trillion this year.