Siak, Riau, Jurisdictional Investment Outlook 2022
The main objective of publishing this Siak, Riau, Jurisdictional Investment Outlook 2022 is to promote and to provide information on investment opportunities in all forms in the District of Siak, Riau, that will support the comprehensive and integrated jurisdictional approach in sustainably developing Siak.
Siak is launching itself to become a green district. To achieve this, in a participatory multi-stakeholder manner, we have formulated the Siak Green District Roadmap. To facilitate its implementation, we have enacted key legal instruments, namely the Head of District Regulation No. 22/2018 followed by District Regulation No. 4/2022 on Green Siak.
A Jurisdictional Approach is one that spatially harmonizes production of commodities, upstreaming of commodity and other sectors, as well as conservation so that development in the area can be carried out without degrading natural resources and the environment and is supported by sufficiently protected ecosystem services.
This harmonization is also carried out by all stakeholders collaboratively. In this matter, Siak prides itself as being facilitative to the multi-stakeholder collaborative processes in its development planning, implementation, and monitoring. The District of Siak is a very active and leading member of the Sustainable District Forum (Lingkar Temu Kabupaten Lestari, LTKL). The Government of the District of Siak also benefits from the productive engagement of the civil society through the “Sedagho Siak” mechanism, a participatory multi-stakeholder consultation approach.
This Outlook includes a list of investable jurisdictional initiatives that have been curated collaboratively among the stakeholders and represent a combination of commodity production and conservation. This is the first of such Outlooks and we intend to publish one regularly to inform of additional future initiatives and opportunities.
Investment Opportunities
This initiative is driven by downstream palm oil companies that are sourcing palm oil from Siak in collaboration with the government sector and civil society to achieve more effective sustainable palm oil production through multi-stakeholder collaboration.
The local commodity that many people in Siak grow on peatlands is pineapple. Improving peatland management and water management in pineapple cultivation will support improving the quality of peatlands and reduce the potential for land fires that often occur during the dry season.
Apart from being a commercial commodity, sago is also one of the staple foods of the Siak community. Sago is an endemic plant suitable for cultivation on wet peatlands. Improving peatland management and water management in sago cultivation will support improving the quality of peatlands and can reduce the potential for land fires that often occur during the dry season.
The honey business is very prospective during the pandemic. In recent years, Siak District has experienced an increase in the number of honey bee keepers. Several types of honey bees that are cultivated in Siak are Apis mellifera, Apis dorsata and of the Trigona genus. For Apis Melifera honey bees, some people cultivate them in oil palm plantations.
Cultivation of snakehead fish on peatlands is the right choice to keep peatlands wet. This type of fish lives in peat waters and has a high survival rate. In local tradition, snakehead fish is processed into food that can be useful for wound healing and contains high albumin and protein which can overcome various diseases in the human body.
Zamrud National Park is a conservation area that is part of the Pulau Besar Wildlife Reserve in Siak District. It covers an area of ± 31,480 hectares and is designated as one of 52 national parks in Indonesia. The landscape consists of lakes and islands. The lakes included in the area are Pulau Besar Lake (2,416 hectares) and Lake of Bawah (360 hectares). Pulau Besar Lake has four islands, namely Pulau Besar, Pulau Tengah, Pulau Bungsu, and Pulau Beruk. Zamrud National Park is inhabited by 38 species of birds, 12 of which are protected.
The Bungaraya area is an integrated agro-tourism center that is being developed and managed creatively by young people and the surrounding community who are member of the Community-based Tourism Group (Kelompok Sadar Wisata/Pokdarwis). They are intensively assisted by the government and civil society organizations. Several of the interesting tourism destinations including flower gardens, biodiversity parks, and viewing posts.
TORA is an area or land controlled by the state and/or owned by the community to be redistributed or legalized. In Siak, approximately 10,000 hectares of TORA have been redistributed to the community. The local government aims for this peatland to be managed with sustainable principles considering most of TORA’s is deep peatland that requires careful management. Apart from having economic value, the use of this land can also restore degraded peatlands.
Contact Persons:
Bayhaki
Promotion Unit of Investment Planning Office
DPMPTSP of Siak District
Email: bayhaki.bh@gmail.com
Mobile number: +6285228337096
Wan Muhammad Yunus
Green Siak Secretariat
Email: yunuswan64@gmail.com
Mobile number: +628127510844
Acknowledgement
