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Felcra Malaysia wants to export palm oil to Middle East, Africa

By Aiko TanakaMalaysia
1 min read
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Felcra Bhd is planning to forge collaborations with international companies for the purpose of exporting palm oil to countries in the Middle East and Africa, said its CEO, Datuk Zulkarnain Md Eusope.

To increase the agency’s revenue, he said, it must not focus on specific countries only in exporting the commodity.

“The Chinese government through its ambassador has stated the country’s commitment to import palm oil even if the European Union (EU) countries do not want to buy palm oil from Malaysia.

“We must diversify our efforts (to increase revenue) following the palm oil issue with the EU,” Zulkarnain said.

He was speaking to reporters after attending the Perak Region Felcra Employees Aspiration 2018 ceremony with Perak government leaders, which was officiated by State Rural Development, Agriculture, Plantation, Information and Human Capital Development Committee chairman, Datuk Saarani Mohamad, here today.

Further information on the plan would be announced later after the negotiation process with the companies were concluded, said Zulkarnain.

In another development, he said Felcra would establish a research and development centre in plantation, agricultural and food sectors, to be located in Felcra Nasaruddin Belia near Parit here.

Questions & Answers

Q.

Which regions is Felcra Malaysia targeting for palm oil exports?

A.

Felcra Malaysia is planning to export palm oil to countries in the Middle East and Africa. They are also looking to diversify efforts beyond specific countries, mentioning China's commitment to import.

Q.

Why is Felcra Malaysia looking to diversify its export markets for palm oil?

A.

Felcra Malaysia is diversifying its export markets to increase revenue and address the ongoing palm oil issue with the European Union. This move aims to not focus on specific countries only.

Q.

Where will Felcra Malaysia's new research and development centre be located?

A.

Felcra Malaysia will establish a new research and development centre in plantation, agricultural and food sectors at Felcra Nasaruddin Belia near Parit.

Q.

What is the purpose of the new research and development centre Felcra is establishing?

A.

The new research and development centre will focus on the plantation, agricultural, and food sectors. Its establishment is another development alongside the export plans.

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