Indonesia’s effort to accelerate food self-sufficiency suffered a blow after Joao Angelo De Sousa Mota resigned as president director of PT Agrinas Pangan Nusantara only six months into the role. The Portuguese-born executive said his departure was “a form of responsibility” because lengthy bureaucracy and lack of support from government aides prevented the state-owned farm company from meeting targets set by President Prabowo Subianto. Agrinas Pangan Nusantara was created in February from the restructuring of construction firms to spearhead large-scale planting, harvesting and post-harvest processing. It sits under Danantara, the new holding company for hundreds of Indonesian state enterprises. Danantara’s chief executive Rosan Roeslani said the resignation would be processed under corporate rules and that operations would continue during a managed leadership transition. Mota’s exit underscores the administrative hurdles confronting Prabowo’s pledge to boost domestic food output amid volatile global supplies. Economists warn the vacuum at the top of Agrinas could delay planned investments intended to raise farmers’ incomes and reduce dependence on imports.
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Indonesia’s push to boost food self-sufficiency suffered a setback after the head of a state-owned farming firm resigned six months into the job https://t.co/i1mZshfBto