BPDP’s Mandate Expanded: It Will No Longer Handle Only Palm Oil, but Also Cocoa and Coconut | Republika Online

JAKARTA — The government is expanding the mandate of the Plantation Fund Management Agency (BPDP), which previously focused on palm oil, to also cover cocoa and coconut. The policy is intended to strengthen the national plantation sector while improving farmers’ welfare by supporting the development of these commodities from upstream to downstream. Deputy Coordinating Minister for Economic Affairs Dradjad Hari Wibowo said the expansion of BPDP’s mandate has a legal basis in Presidential Regulation No. 132 of 2024. He explained that the move is part of the government’s efforts to strengthen the foundations of national agribusiness so that farmers can directly benefit from the management of plantation resources. “The main message we want to convey is that national economic resilience must ultimately lead to farmers’ welfare,” Dradjad said at the International Conference and Expo on Palm Oil and Others (ICExPO) 2026 in Jakarta, as quoted on Sunday (8/11/2026). With the expanded ...