Felda identifies 31 strategic initiatives for transformation plan
KUALA LUMPUR: The Federal Land Development Authority (Felda), which is undergoing a transformation plan, has identified 31 strategic initiatives to be implemented over three phases.
Each phase will take eight months.
“The first phase is to create momentum and early wins, the second on expanding and growing results, while the third is to deliver and build capabilities.
“Every effort is being made to ensure that these phases can run concurrently to expedite the turnaround,” Felda said in a statement yesterday.
The government agency said among the initiatives being implemented include enhancing the loan management services of settlers to tackle issues raised by the settlers so that a better and more transparent loan management system can be established.
Apart from that, an initiative to address settlers’ land inheritance issue is also being implemented.
“Thirty per cent of 112,635 settler families are facing inheritance issue while another 58 per cent will face similar issues soon enough considering the rising age of settlers.
“Long-term solutions must be achieved to ensure smooth ownership transfer and the welfare of the settler community as a whole,” it said.
Felda said other initiatives involved the reorganisation of Felda and identifying a long-term sustainability model for the group.