Dive Brief:

• Cargill is likely to invest $1 billion in Indonesia during the next four to five years, the company's CEO told reporters at an industry conference.
• The investments would focus on poultry. Japan recently lifted a ban on poultry imports from Indonesia, making production there more attractive. Cargill CEO David MacLennan also noted that China's production of poultry has fallen recently.
• Cargill is also likely to increase its spending on palm oil production in Indonesia, MacLennan said.

Dive Insight:

The food industry, it would seem, has suddenly discovered Indonesia. The push into the nation is not unlike the push a decade or so ago into China. Cargill has already spent some $700 million in Indonesia in the past few years, and opened its latest plant there this month. Signapore's Olam International, as well as global chocolate maker Barry Callebaut, are building new plants in the nation, and a few months ago, Coca-Cola announced it would invest a half-billion dollars in Indonesia.