The Fate Of China's Investment In The Downstream Seaweed Project In Wakatobi, KKP Opens Voice

Illustration of seaweed (photo: dock. Antara)

JAKARTA - The Ministry of Maritime Affairs and Fisheries (KKP) said that China's investment plan for downstream seaweed in a pilot project (Modelling) in the Wakatobi area, Southeast Sulawesi, is still under discussion until now.

The Director General of Strengthening the Competitiveness of Marine and Fishery Products (PDSPKP) KKP Budi Sulistiyo targets the discussion to be completed by the middle of this year.

"Maybe in the middle of this year (it was completed). Sometimes the negotiations, right, (it took a long time), because we have to convince investors, they also have to convince us while maintaining our commitment to the rules in their respective countries," Budi told VOI at the KKP Building, Jakarta, Wednesday, January 10.

Budi said that at that time the Indonesian government through the KKP was conducting promotions related to the seaweed downstream pilot project in Wakatobi. Then, China also expressed interest in investing.

"So, when we were promoting, seminars, they expressed interest (investing). Once we approached, they might ( think again). So, this is still developing and is under discussion until now," he said.

As previously reported, the Ministry of Maritime Affairs and Fisheries (KKP) plans to facilitate investment in downstream seaweed in a pilot project (Modelling) in the Wakatobi area, Southeast Sulawesi.

The Director General of Strengthening the Competitiveness of Marine and Fishery Products (PDSPKP) KKP Budi Sulistiyo said that there was an interest in China in investing in the project.

"The investors just expressed their interest, yes. In this process, it is like China," Budi told reporters in Bandung, West Java, Wednesday, October 11.

Budi said not only China had expressed interest in investing, but there were investors from within the country as well.

"Investors from within the country also expressed their interest. Some of them are from Surabaya, Makassar, and Kendari. Only if the name is not yet possible, I (state it)," he said.