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Investor Presentaiton

Landak, the poorest district in West Kalimantan in 2007 (24.95% poverty) had 87.4% involvement in agriculture. Its population of more than 350,000 is within reasonable distance of the capital, Pontianak. Landak was one of the earliest districts to plant oil palm, much of which is now old and unproductive, with some newly replanted. It has W.Kal's second largest smallholder rubber area. This district was hard hit by the slump in commodity prices. Prices as low as Rp300-350/kg were being offered some farmers for young oil palm fruit in November 2008, from a high point of Rp1,200 just a few months earlier. Cuts in the labour force of both oil palm and rubber holdings were taking place. Landak, highly dependent on export commodities, would appear an example of market-induced "new" poverty, superimposed on an already rather stressed land base.
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