JAKARTA - The Ministry of Maritime Affairs and Fisheries (KKP) plans to facilitate investment for downstream seaweed in a pilot project (Modelling) in the Wakatobi area, Southeast Sulawesi.

Regarding this, the Director General of Strengthening the Competitiveness of Maritime and Fishery Products (PDSPKP) KKP Budi Sulistiyo said that currently India has stated its commitment to invest in this project.

"India is reviewing its economic feasibility or feasibility according to them, and it seems they are communicating with the KKP team," said Budi to VOI, Thursday, January 11.

Budi added that there are also domestic investors who have also expressed their interest in investing and are currently in the process.

"Yes (true). Some of them (domestic investors) from Makassar, Surabaya, are also conducting studies," he said.

According to him, when the assessment stage is completed, it will be discussed further with the KKP.

"They are still in the process. Yes, China and India are in the exploration stage. Later, after the exploration, they will communicate again with the KKP team (what will happen next)," he added.

Based on VOIs records, there have been around three investors who have expressed interest in investing in the seaweed downstream pilot (Modelling) project in the Wakatobi area, Southeast Sulawesi.

All investors are from China, India and Indonesia with origins from Surabaya and Makassar.


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