The Borneo Post

Ministry proposes cap on oil palm plantation­s

-

KUALA LUMPUR: The Ministry of Primary Industries will be presenting a proposal to the Cabinet this month to cap the maximum area for oil palm plantation­s at about 6.5 million hectares, up from the 5.85 million hectares as at end2018.

Minister Teresa Kok said this was expected to be achieved by 2023 based on the average annual expansion of plantation­s from 2013 to 2018.

“This move was made in order to dismiss accusation­s that oil palm plantation­s are the reason for deforestat­ion.

“But, in order to achieve this, we have to work with various state government­s,” she said when officiatin­g the 30th annual Palm and Lauric Oils Conference and Exhibition, Price Outlook 2019 Conference and Exhibition ( POC 2019) yesterday.

Kok said palm oil players should also improve the research and developmen­t of seedlings, as well as boosting the productivi­ty and yields of existing oil palm tree

Kok said the ministry would also propose to the cabinet to compel informatio­n on the areas under oil palm plantation­s to be made public.

“We need to be transparen­t. We hope the cabinet will approve the proposal,” she said.

Meanwhi le, Kok said the government’s effort this year to expand the B10 and B7 bio- diesel programmes to the transport and industrial sectors was expected to raise palm oil consumptio­n by 761,000 tonnes annually.

“This will help reduce the huge stockpile and lift the commodity prices,” she added. — Bernama

This move was made in order to dismiss accusation­s that oil palm plantation­s are the reason for deforestat­ion. Teresa Kok, Minister of Primary Industries

 ??  ?? Shahril delivers his speech during Khazanah’s Nasional Annual Review 2019 yesterday. Also present are deputy managing director Tengku Datuk Seri Azmil Zahruddin (left) and chief financial officer Faridah Bakar Ali. — Bernama photo
Shahril delivers his speech during Khazanah’s Nasional Annual Review 2019 yesterday. Also present are deputy managing director Tengku Datuk Seri Azmil Zahruddin (left) and chief financial officer Faridah Bakar Ali. — Bernama photo

Newspapers in English

Newspapers from Malaysia