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Building a Starch plant in Kabupaten Batu Bara, North- Sumatera, Indonesia

IATI Identifier: NL-KVK-83517626-DGGF116RI1

Published on IATI
  • date_range Mar 20, 2017 - Sep 26, 2024
  • autorenew Implementation (Status)

A Dutch manufacturer of equipment for the starch industry is developing a sustainable plant on Sumatra Indonesia together with international and local investors to extract starch from cassava roots. Customers are mainly Indonesian companies in the paper and food industry. The production will be as sustainable as possibly. By making use of the waste streams generated after processing of the cassava roots sufficient biogas can be generated for both power and thermal energy to power the entire plant. Waste water will be treated and used again in the production process which gives a significant reduction of production water. In addition to 112 direct jobs at the plant, approximately 12,000 local farmers will be contracted for the supply of cassava roots. This will enable farmers to increase their income significantly compared to current products such as palm oil.

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Sectors:
  • Food crop production

Participating Organisations

Nivoba Holding B.V. Private Sector in Provider Country Implementing
Invest International Private Sector Accountable
Invest International Private Sector Funding

Transaction

Transaction Value Provider
Receiver
Type Date
3,550,000 EUR Provider N/A Receiver N/A Commitment
date_range Nov 27, 2019
3,550,000 EUR Provider N/A Receiver N/A Incoming Funds
date_range Nov 27, 2019
3,550,000 EUR Provider N/A Receiver N/A Disbursement
date_range Nov 27, 2019
1,850,000 EUR Provider N/A Receiver N/A Commitment
date_range Jul 03, 2018
1,850,000 EUR Provider N/A Receiver N/A Incoming Funds
date_range Jul 03, 2018
1,850,000 EUR Provider N/A Receiver N/A Disbursement
date_range Jul 03, 2018
8,000,000 EUR Provider N/A Receiver N/A Disbursement
date_range Mar 20, 2017
8,000,000 EUR Provider N/A Receiver N/A Commitment
date_range Mar 20, 2017
8,000,000 EUR Provider N/A Receiver N/A Incoming Funds
date_range Mar 20, 2017

Budget

89,271,163 USD
  • 9,850,000 EUR (Valued at Mar 20, 2017)
    date_range Mar 20, 2017 - Dec 31, 2017
  • 9,850,000 EUR (Valued at Jan 01, 2018)
    date_range Jan 01, 2018 - Dec 31, 2018
  • 9,850,000 EUR (Valued at Jan 01, 2019)
    date_range Jan 01, 2019 - Dec 31, 2019
  • 9,850,000 EUR (Valued at Jan 01, 2020)
    date_range Jan 01, 2020 - Dec 31, 2020
  • 9,850,000 EUR (Valued at Jan 01, 2021)
    date_range Jan 01, 2021 - Dec 31, 2021
  • 9,850,000 EUR (Valued at Jan 01, 2022)
    date_range Jan 01, 2022 - Dec 31, 2022
  • 9,850,000 EUR (Valued at Jan 01, 2023)
    date_range Jan 01, 2023 - Dec 31, 2023
  • 9,850,000 EUR (Valued at Jan 01, 2024)
    date_range Jan 01, 2024 - Dec 31, 2024
access_time Updated on Jun 28, 2024 08:50:55