Unilever Supports Indonesian Palm: In order to support the acceleration of the national economy, the Government continues to be committed to improving the performance of various sectors, particularly in attracting foreign investment. On the sidelines of the Business20 Summit, the Coordinating Minister for the Economy Airlangga Hartarto took the time to meet with Unilever Global Chief Executive Officer Alan Jope in Nusa Dua, Bali, Monday (11/14).

During the meeting, Alan Jope revealed that Unilever is committed to continuing to increase its investment in Indonesia by supporting various positive campaigns for Indonesian palm oil in Europe. Since 2015, Unilever Oleochemical Indonesia (UOI) has been investing and doing business in the Sei Mangke Special Economic Zone (SEZ), North Sumatra. Until 2020, UOI has invested IDR 2.5 trillion or around USD 200 million there.

“The existence of UOI’s investment in SEZ Sei Mangke has multiplier effects for the economy of the local residents.

In fact, the investment expansion has absorbed a direct workforce of more than 600 people and more than 3,000 indirect workers,” said Alan Jope. On the same occasion, Coordinating Minister Airlangga also touched on issues related to palm oil exports to Europe. “Palm oil is the main commodity that supports the Indonesian economy. This discrimination is very detrimental to Indonesia in this regard. The Indonesian government is trying hard to overcome this discrimination,” said Coordinating Minister Airlangga.

Responding to the concerns of the Coordinating Minister for Airlangga,

Alan Jope said that palm oil is currently associated as something that is not good in the European region. However, many industries in Europe actually use palm oil as a raw material because the price is cheaper than other vegetable oils. Regarding the issue of Indonesian palm oil continuing to be the target of negative campaigns by various groups, Unilever is expected to play its role by supporting positive campaigns for Indonesian palm oil in Europe.

At the end of the meeting, both parties agreed to continue to support Unilever’s investment in Indonesia, including ensuring energy supplies and fiscal incentives and so on, especially in SEZ Sei Mangkei. Accompanying the Coordinating Minister for Airlangga included the Chair of Commission I of the Indonesian Parliament, Coordinating Minister for Economic Affairs, General Chair of KADIN, Deputy Chairperson of KADIN for Maritime Affairs.

Investment and International Relations, and Assistant Deputy for European, African and Middle Eastern Economic Cooperation at the Coordinating Ministry for the Economy. Meanwhile, from Unilever, Alan Jope was accompanied by the Chief Sustainability Office, President Director of Unilever Indonesia, Head of Corporate Affairs & Sustainability, and Head of External Affairs.

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