Felda aims to develop 7,000 ha in Sampadi
LUNDU: Felda Global Ventures Holdings Berhad ( FGV) aims to develop 7,000 ha of land in Sampadi here.
Its chairman Tan Sri Mohd Isa Abdul Samad said some 4,000 ha have already been developed, while oil palm planting is being undertaken on another 3,000 ha.
He told reporters at Kampung Stoh yesterday that FGV engaged 200 local workers and 100 vendors in the Sampadi plantations.
Apart from Sampadi, FGV also has plantations in Miri covering about 12,000 ha.
Mohd Isa said FGV has been organising for smallholders in Miri, courses that have received overwhelming response.
On the Native Customary Rights ( NCR) land issue in Sampadi, he said he had discussed the matter with the Federal Land Development Authority
In fact, this issue was raised during the 2011 state election. This land issue will eventually be solved as Felda will iron it out with the director of the state Land and Survey Department.
“In fact, this issue was raised during the 2011 state election. This land issue will eventually be solved as Felda will iron it out with the director of the state Land and Survey Department,” he said.
On FGV’s possible plans to expand its plantation areas in Sarawak, Isa said potential landowners or investors could approach him for a discussion.
“Since FGV’s listing in Bursa
Tan Sri Mohd Isa Abdul Samad, Felda Global Ventures Holdings Berhad chairman
Malaysia in 2012, we have not made any losses. Neither have we made huge profits. Of the total profits, 40 per cent came from plantations and 20 per cent from downstream activities,” he said, hoping for 2017 to be a better year for the corporation profit-wise.
He added that FGV is fulfilling its corporate social responsibility as directed by Prime Minister Datuk Seri Najib Tun Razak.
Mohd Isa (third left) presents a certificate of promotion to an FGV Sampadi Regional Complex staff member.