Indonesian state-owned forestry firm to focus on “biomass” solutions

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Indonesia's state-owned forestry company Perhutani has stated readiness to strengthen its core businesses in the field of biomass and nature based solutions this year, reported Antara.
Assistant deputy for plantation and forestry industries at the ministry of state-owned enterprises (SOEs), Rachman Ferry Isfianto, noted that Perhutani is an SOE that has strong foundation and plans to survive difficult situations in the future.
"In 2023, the Ministry of SOEs and Perhutani have many [of the] same goals, [one of which is on] how we create new businesses [...] and for this year our goals are biomass and nature-based solutions," Isfianto said in a statement.
He further expressed his appreciation for Perhutani, which recorded a profit of Rp520 billion in 2022.
Perhutani held a launch event for the 2023 Company Work Plan and Budget (RKAP) which was attended by the president director of Perhutani, Wahyu Kuncoro; the Perhutani board of directors; the assistant deputy for the plantation and forestry industries of the ministry of SOEs Rachman Ferry Isfianto; and the senior advisor II for deputy minister I of the ministry of SOEs Armendra Amen.
The theme for the event was: "Strengthen Businesses, Grow With Biomass and Nature Based Solutions, and the Contribution From the Forestry Sector in Food"
Perhutani president director Wahyu Kuncoro conveyed his gratitude for the contribution of all parties in Perhutani throughout 2022. He also expressed his optimism for the achievements of the company in 2023.
"We were able to grow 22% in 2022, [and it is] inseparable from the contribution from all parties involved. We will complete the biomass development this year. From the results of discussions on our market, there is optimism and hope for our products, especially wood, this year. We are challenged to continue to grow in 2023," Kuncoro said.

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