Malaysia Flag - Suplied

Malaysia Plans to Buy Farming Land in Papua

Malaysia Flag - Suplied

Malaysia Flag – Suplied

Kuala Lumpur, Jubi – Malaysian Prime Minister Datuk Seri Najib Razak said the Malaysian farming company Felda Global Venture (FGV) is planning to buy 420,000 hectares of land in Papua.

Najib said FGV would cooperate with several farming companies in Indonesia to improve the prosperity of Felda’s planters who encountered the problem of land shortage, local media in Kuala Lumpur reported on last week .

Through a special approaches especially in Papua, he said the harvest would multiply while at the same time would provide benefits to hundred thousands of planters in Malaysia.

“It is planning to take over the Eagle High Plantation and we receive the proposal from FGV’s shareholders before making a decision, including Worker Saving Association (Kumpulan Wang Simpanan Pekerja/KWSP), Hajj Saving Association (Lembaga Tabungan Haji), Incorporation Saving and Loan Cooperative (Kumpulan Wang Diperbadankan) and Pahang State Government,” Najib said.


“We knew FGV is facing the problem in opening the new farming area. But it encourages the government to find another option to help them to improve their income,” he said. (*/rom)


You might also like