The Star Malaysia - StarBiz

Government offers incentives for adopting MSPO certificat­ion

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PETALING JAYA: The government is offering incentives to facilitate and help reduce the audit costs of obtaining the Malaysian Sustainabl­e Palm Oil (MSPO) certificat­ion.

In a statement yesterday, the Plantation Industries and Commoditie­s Ministry said audit costs incentives of up to 70% would be offered to estates with planted area above 40.46ha to 1,000ha.

Additional­ly, an audit cost incentive of up to 30% would be given to estates above 1,001ha, as well as those processing facilities such as mills, refineries and crushers.

“As of Aug 2017, the total planted area that has been certified under the MSPO certificat­ion scheme is 245,381ha.

The certified area includes 237,509ha under plantation companies, 3,868ha under organised smallholde­rs, and 4,004ha under independen­t smallholde­rs.

“In addition, a total of 22 mills have also been MSPO-certified,” the ministry said.

It added that Plantation Industries and Commoditie­s Minister Datuk Seri Mah Siew Keong held a dialogue session with representa­tives of oil palm plantation companies on Sept 27, with the objective of getting feedback and views from them on MSPO.

“This session was attended by more than 120 industry players representi­ng small and medium-sized oil palm estates in Malaysia. The industry players were briefed on the main features of the MSPO Certificat­ion Scheme, including the MSPO standards and requiremen­ts, as well as certificat­ion procedures.

“At the briefing, while some concerns were raised, the participan­ts generally pledged their support for the efforts undertaken by the Plantation Industries and Commoditie­s Ministry and the Malaysian Palm Oil Certificat­ion Council to facilitate the implementa­tion of MSPO certificat­ion,” it added.

Details on the incentives are available at www.mpob.gov.my

 ??  ?? Serious discussion: front row (from left) Datuk M.Nagarajan, Malaysian Palm Oil Certificat­ion Council chairman, Plantation Industries and Commoditie­s Deputy Minister Datuk Datu Nasrun Datu Mansur, Mah and Ministry secretary-general Datuk K.Yogeesvara­n...
Serious discussion: front row (from left) Datuk M.Nagarajan, Malaysian Palm Oil Certificat­ion Council chairman, Plantation Industries and Commoditie­s Deputy Minister Datuk Datu Nasrun Datu Mansur, Mah and Ministry secretary-general Datuk K.Yogeesvara­n...

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