Indonesia’s Jakarta and the East Nusa Tenggara Timor (NTT) region have signed a deal for more supply of beef to the capital in order to meet the rising demand
Joko Widodo, governor of Jakarta, said the agreement was also aimed at cutting down the capital’s reliance on imports, Jakarta Globe reported.
“This is a good opportunity, it’s just a matter of figuring out the type of business model that will be used so both Jakarta’s consumers and NTT’s producers can benefit.”
NTT governor Frans Lebu Raya said there were plans to invest US$174mn for constructing new slaughterhouses and cattle breeding facilities in the region.
“With this investment, it is hoped the national beef supply can be met,” he added.
Indonesia currently relies heavily on Australia for its beef and live cattle.
