Volume Control
The mathematics of Prajogo’s Rp100 billion forestry business is simple.
June 12, 2001
Noble intentions are not always enough. The industrial forestry estate (HTI) program run by the government since 1990 has a noble aim: to rehabilitate and convert critical or neglected land into productive land. Also noble is its policy of mandatory levies on forestry businesses, the proceeds of which go toward a reforestation fund—used for reviving forests that have long been exploited. However, in practice, the schemes devised by private
...