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Volume Control

Tuesday, June 12, 2001

The mathematics of Prajogo’s Rp100 billion forestry business is simple.

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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

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