Indonesia leases 250 sq. kilometres free of charge for Korean biofuel plant
Posted on October 2nd, 2008 by Green Assembly
SINGAPORE ~ Indonesia has signed a contract allowing Korean interests free use of an extensive length of coastline to cultivate feedstock for the production of biofuel for automobiles.
The giveaway deal will allow the Koreans to convert 250 square kilometres of coast and coastal waters around Tarakan Island on the east coast of Borneo, for industrial-scale [...]
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