(WJIS2022) Subang Sugar Factory Revitalization

PT Rajawali II Sugar Factory started from PT Perkebunan XIV (Persero) domiciled in Cirebon which was established based on Deed No. 3 dated May 2, 1981 and amended by Deed No. 57 dated June 29, 1983 from Notary Gustaaf Moemala Soankoepaon Loemban Tobing, SH, Notary in Jakarta. Since June 30, 1988, the management of PT Perkebunan XIV (Persero) was transferred to PT Rajawali Nusantara Indonesia (PT RNI) based on the Decree of the Minister of Finance of the Republic of Indonesia No. 1326/KMK.013/1988 dated June 30, 1988. Based on Government Regulation no. 1 of 1993 dated 8 June 1993 concerning the addition of the Republic of Indonesia's State Equity Participation into the share capital of the company PT RNI, on that basis PT Perkebunan XIV (Persero) officially became one of the subsidiaries of PT RNI with a share ownership of 99.99%.

Project Value: IDR. 1.300.000.000.000

Project Category: Building

Location: subang

Domestic sugar production is not sufficient (West Java Demand 57,86 x 106 We have an Cultivation Rights Title (HGU) land as large as 4.500 ha for Sugar cane. We also have opportunity to expand the land for sugar cane until 6.000 ha (Joint operation with PTP N VIII and Perhutani Subang) Increasing sugarcane productivity (60 to 75 ton/ha) Supporting government policy to achieve self-sufficiency of sugar

Joint Operation (KSO)

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