Supporting National Strategic Program, Holding Perkebunan Nusantara Accelerates People’s Palm Oil Replanting Program

Jakarta, April 10, 2023 – Holding Perkebunan Nusantara continues to accelerate the People’s Palm Rejuvenation (PSR) program, as one of PTPN Group’s strategic initiatives in supporting the National Strategic Program (PSN) launched by the Government.

This was conveyed by the President Director of PTPN III (Persero) Holding Plantation Mohammad Abdul Ghani, in a Focus Group Discution (FGD) with Commission IV of the House of Representatives in Jakarta, Wednesday (05/04/2023).

Abdul Ghani said that the PSR program is one of the government’s efforts to increase the productivity of national oil palm plantations. “PTPN Group, in the future, will continue to expand oil palm land which will have an impact on increasing CPO production,” he said.

Abdul Ghani said that in order to achieve this goal, it takes the right work patterns and encouragement from all parties through their respective roles. “This includes the partnership between farmers, cooperatives, and companies. We must really improve it for a sustainable PSR program,” he explained.

Abdul Ghani further said that one of the efforts to accelerate PTPN Group’s strategic initiatives is by integrating the business group through the establishment of three subholdings, namely PalmCO, SugarCo, and SupportingCo.

“With PalmCo projected to become the largest palm oil company in the world, we are optimistic that we can realize food and energy security, in line with the government’s strategic plan in the National Strategic Project (PSN),” Abdul Ghani said.

Another strategic initiative undertaken by Holding Perkebunan Nusantara in supporting the PSN is related to the downstreaming of the food sector, in order to achieve the target of self-sufficiency in sugar consumption in 2028 and industrial sugar in 2030.

“The strategy carried out by PTPN Group, among others, is through increasing land area, sugarcane productivity, increasing sugar yields, as well as providing technical guidance and helping facilitate fostered farmers through PT SGN (SugarCo),” Abdul Ghani added.

In addition to these initiatives, Abdul Ghani also said that PTPN Group continues to develop agro-tourism that prioritizes environmental, social, and corporate governance impacts, in accordance with the ESG principles of Environmental, Social, and Governance.

Some of the principles that are consistently implemented include having an ISO 14001 environmental management system, identifying conservation areas and making biodiversity preservation plans, to making maps and waste management implementation plans that maximize circularity, as has been implemented in Nimo Highland Pangalengan, Bandung, West Java.

“With the application of ESG principles, it is expected to have a positive impact on various aspects, ranging from the sustainability of the tourist environment, to being an attraction for investors,” said Abdul Ghani.