Underdeveloped value chains have long hampered the growth of the maize sector in NTT. Because there is no continuous presence of large maize buyers in the region, the maize market in NTT is dominated by small-scale traders that have limited capacity to absorb and add value to local production.
On 25 November 2020, PRISMA and PT Seger Agro Nusantara (Seger) signed a partnership agreement to set up a buying station in Timor, marking the evolution of the maize value chain landscape into the province.
Seger’s investment in the region will start by appointing two field staff to conduct an initial assessment for setting up sourcing operations in NTT. PRISMA will support Seger with a market entry strategy in NTT, facilitate engagement with local government, and provide value-chain cost analyses for setting up new facilities in NTT. Stakeholder collaboration is vital to foster innovation and create impact.
At the Jakarta Food Security Summit, 18 and 19 November, Seger further emphasised the importance of supporting farmers with access to quality seeds, mechanisation and irrigation to foster maize sector development in Indonesia. Seger’s President Commissioner Arief Patrick Rahmat also mentioned PRISMA’s contribution and support for harnessing the sector’s potential in his speech.