As an important global mining hub, Indonesia produces key commodities such as coal, copper, tin, gold and nickel. As mandated in our new mineral law, all minerals commodities must have been processed first in Indonesia before exported. This of course will foster new investment opportunities for the downstream industry of mining sector. Until now, there are around 150 smelter investment plans in Indonesia, some of them is still open for cooperation and partnership.
In addition to the mining sector, the Indonesian government also encourag es the growth of downstream agro-industry in Indonesia. Indonesia has become the worlds largest producer of palm oil and a leading global producer of high value agriculture commodities such as cocoa, rubber and coffee. We are now encourages bio-fuel industries and other downstream industry of palm oil. We also promotes the downstream industry of cocoa and rubber.