Serdang Bedagai Held Coordination Meeting on Replanting Program

A COORDINATION meeting to discuss palm oil replanting program (PSR) in Serdang Bedagai Regency of North Sumatera was held on Thursday (28/6/2018), attended by The Regional Government of Serdang Bedagai, the Indonesian Oil Palm Estate Fund (BPDPKS), state-owned banks, and smallholder farmers from Association of Farmers Groups (called “Gapoktan”). The meeting was attended by Director of Fund Collection of BPDPKS Herdrajat Natawijaya, Vice Regent of Serdang Bedagai Darma Wijaya, Head of Plantations Office of North Sumatera Province, Head of Plantations Office of Serdang Bedagai Regency, representatives of Bank BNI, BRI, Chairman of Gapoktan Amanah and Gapoktan Fortuna. They discussed follow-up actions over PSR program in Serdang Bedagai Regency on the land owned by those Gapoktan Amanah and Fortuna. Earlier March 2018, those Gapoktan has received technical recommendation from BPDPKS and has reached agreement on replanting funding. Gapoktan Amanah owned 53,55 hectares of palm oil land, while Fortuna owned 54,62 hectares. BPDPKS grants Rp25 millions per hectares to fund the replanting and the rest will be funded by small business loans under Kredit Usaha Rakyat (KUR) program provided by Bank BRI, BNI, and Mandiri up to Rp40 millions per hectares. ***