Deal #168 | Version 45045 | Version 45046 |
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General info | ||
Intended size | 10β―000 ha | |
Size under contract (leased or purchased area) |
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Size in operation (production) |
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Comment on land area | *Company's concession area is 63,441 ha, of which 24,682 ha (or about 39% of the total concession area) is planted land. About 47% of the total cultivated land is productive. The remaining areas that have not yet been planted are land reserves that have the prospect of being developed by the Company and Subsidiaries.
Company Source in 2015: Total landbank licensed / owned 46,520.52 ha; Total landbank for palm oil cultivation 18,542.35 ha; Total land managed for conservation that is set aside including HCV area 197.04 ha | |
Comment on intention of investment | oil palm plantation | |
Comment on nature of the deal | *The Company owns nine oil palm plantations, located in South Kalimantan, Central Kalimantan, West Kalimantan, Riau, South Sumatra and Jambi with a concession area of 63,441 ha. | BRI holds Cultivation rights (HGU) and Location Permits (Izin Lokasi) |
Negotiation status |
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Comment on negotiation status | In 2014: Licensing is still in a preliminary state in some plantations
In 2018: date of first planned RSPO P&C certification (but Bumi Raya Investindo has been an RSPO member only between 2014 and 2018) | |
Implementation status |
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Comment on implementation status | *The company is engaged in oil palm plantations located in South Kalimantan carrying out its operational activities since 1993. The Bumiraya factory has been operating since the first quarter of 2013.
*January 31, 2020, the company has been declared insolvency.
(*GFW DATA: 36/HGU/BPN/2000?) | *The company is engaged in oil palm plantations located in South Kalimantan carrying out its operational activities since 1993. The Bumiraya factory has been operating since the first quarter of 2013. |
Employment | ||
Investor info | ||
Comment on investment chain | *PT Bumi Raya Investindo holds 6 plantation companies in Indonesia
*in 02.2019: Bumi Raya Investindo reported insolvent
*Indonesian food company PT Tiga Pillar Sejahtera Food (TPS, IDX:AISA) has agreed to sell a 35 per cent stake in PT Bumi Raya Investindo (BRI), an oil palm plantation subsidiary, at a price of US$43 million.
TPS Food is selling the stake to Bunge Agribusiness, a subsidiary of a US food giant Bunge Limited, listed on the New York Stock Exchange.
*In 2010, BRI acquired five other oil palm plantation companies namely PT Mitra Jaya Agro Palm, PT Airlangga Sawit Jaya, PT Charindo Palma Oetama, PT Muarabungo Plantation, and PT Tugu Palma Sumatera that are located in Central Kalimantan, West Kalimantan, South Sumatra, and Riau. | *in 02.2019: Bumi Raya Investindo reported insolvent
*Indonesian food company PT Tiga Pillar Sejahtera Food (TPS, IDX:AISA) has agreed to sell a 35 per cent stake in PT Bumi Raya Investindo (BRI), an oil palm plantation subsidiary, at a price of US$43 million.
TPS Food is selling the stake to Bunge Agribusiness, a subsidiary of a US food giant Bunge Limited, listed on the New York Stock Exchange.
*In 2010, BRI acquired five other oil palm plantation companies namely PT Mitra Jaya Agro Palm, PT Airlangga Sawit Jaya, PT Charindo Palma Oetama, PT Muarabungo Plantation, and PT Tugu Palma Sumatera that are located in Central Kalimantan, West Kalimantan, South Sumatra, and Riau.
*January 31, 2020, the company has been declared insolvency/bankrupt. PT Golden Plantation (parent company) is still looking for investors.
(*GFW DATA: 36/HGU/BPN/2000?) |
Local communities / indigenous peoples | ||
Presence of land conflicts | Yes | |
Comment on presence of land conflicts | *Lawsuit against PT. Bumi Raya Investindo related to the request for layoffs, as a result of the company neglecting to pay wages for approximately 6 months was filed. According to a Tanjung Selayar villager, a number of employees totaling 700 people are no longer paid by the company, even though the company is still operating.
* For years, there has been no clarity on the profit sharing of oil palm plasma. Absentee of transparency by PT Bumi Raya Investindo | |
Negative impacts for local communities | Other | |
Comment on negative impacts for local communities | *Lawsuit against PT. Bumi Raya Investindo related to the request for layoffs, as a result of the company neglecting to pay wages for approximately 6 months was filed. According to a Tanjung Selayar villager, a number of employees totaling 700 people are no longer paid by the company, even though the company is still operating.
* For years, there has been no clarity on the profit sharing of oil palm plasma. Absentee of transparency by PT Bumi Raya Investindo | |
Former use | ||
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Meta | ||
Fully updated | No | Yes |
Locations | ||
Location #RChjSl5b | ||
Spatial accuracy level | Country | Administrative region |
Location | Republik Indonesien | Kotabaru Regency, South Kalimantan, Indonesia |
Point | Lat: -3.869 Lng: 116.22284 | Lat: -3.00298 Lng: 115.9468 |
Description | oil palm plantations | oil palm plantation |
Data sources | ||
Data source #vzNw220p | ||
Comment on data source | Translation of the Media Report:
KOTABARU - Several residents of Pulau Laut Barat Subdistrict, Pulau Laut Archipelago and Pulau Laut Tg Selayar were stifled by the actions of the oil palm company PT Bumi Raya Investindo (BRI). For years, there has been no clarity on the profit sharing of oil palm plasma.
Residents who own one package (two hectares) of oil palm plasma get only a little. "Imagine that sometimes we only get tens of thousands. The time is like that. In other places millions of the results," said Azmi, a resident of West Sea Island.
According to the residents, even if the company's reason is because there is overlapping land then the solution is easy. "Try to be transparent. How many harvests this month. How many land owners. Divided equally. We will definitely enjoy the results," said Sapri, a resident of Pulau Laut Tg Selayar.
Pikal, a resident of Pulau Laut Kepulauan to Radar Banjarmasin, said that palm oil companies have not been transparent to residents so far. The residents have no idea what the harvest is and what the sales are. "So that's our problem. There is no transparency. Even though plasma is a profit sharing system between companies and land owners," he said.
In fact, said Syaripuddin, a resident of Pulau Laut Tg Selayar, residents have brought this problem to the district level. "Recently we brought the problem to the Kotabaru DPRD. Thankfully, friends in the council promised to help solve this problem," he said.
Unfortunately when Radar Banjarmasin tried to confirm with the Manager Jatmiko, he was out. "Pak Jatmiko is leaving again. We have some business," said a security officer at the company, Wednesday (16/11) yesterday.
Deputy Chairman of the Kotabaru DPRD M Arif confirmed that residents had complained. Arif said residents complained about the small profit sharing. Regarding the enlargement of non-plasma land. Regarding the alleged game in the company.
Only said Arif, this problem has entered the realm of law. "So it is revealed that residents have also reported to the Kotabaru Police. So then we will just guard it. We hope that the law can be upheld in this case," he said.
Meanwhile, when met at his office on Thursday (17/11) yesterday, the Head of Bina Mitra Jatmiko confirmed that the residents had complained to the Kotabaru DPRD. He said that the company works in a three-component line: the company, the cooperative and the community.
"Regarding the plasma profit sharing, there is also a calculation component, namely the operational costs of plantation maintenance and harvesting and bank credit installments, an indication that the number of plasma cards is overloaded compared to the area of ββthe cooperative area or the overlap of land may also have an effect on the profit sharing that is not in accordance with what is known. expected, "he said.
He said, with the submission of public complaints to the DPRD, of course everyone hopes that the people's representatives can help with the solution so that the plasma community, cooperatives and companies can get the best benefits from the existing cooperation.
Asked about residents' requests for transparency of harvest yields, he said the data was with the cooperative. "The cooperative has data. The data is from the company. So because of the MoU between the company and the cooperative, the cooperative has the authority to answer the residents' request. Because plasma is under the auspices of the cooperative," he replied. (zal / yn / ram) | |
Data source #q3K001km | ||
File | ||
Type | Company sources | |
Url | ||
Keep PDF not public | No | |
Publication title | Annual Report 2018 | |
Date | 2018-12-31 | |
Contracts |