Politics

Sustainable oil palm planters cooperatives hit sales of over 80,000 tonnes

JOHOR BAHRU, May 14 (Bernama) — The sustainable oil palm planters cooperatives (KPSM), which undertake recent fruit bunches (FFB) buying and selling actions by way of 65 weighing centres nationwide, recorded gross sales of 82,612.37 tonnes as of March 31, 2022.

Deputy Plantation Industries and Commodities Minister Datuk Seri Dr Wee Jeck Seng stated the participation of smallholders in KPSM was aimed toward elevating palm cultivation productiveness and smallholders’ revenue by way of the implementation of Good Agricultural Practices.

“The government established KPSM to assist in lowering transportation costs and securing higher FFB prices, as well as driving income generation and dividend distribution among cooperative members,” he stated in an announcement immediately.

As of March this 12 months, the variety of KPSM shaped nationwide reached 69 — 24 in Peninsular Malaysia, 27 in Sabah, and 18 in Sarawak.

Wee stated his ministry, by way of the Malaysian Palm Oil Board, was actively engaged on Malaysian Sustainable Palm Oil (MSPO) certification actions nationwide by way of coaching programmes, briefings and promotions for the smallholder sector in addition to on easing their burden.

According to him, the ministry additionally affords assist such because the Livestock and Oil Palm Integration Incentive Scheme (ITe), Oil Palm Smallholder Replanting (TSPKS) and Oil Palm Smallholder Agricultural Input (IPPKS) straightforward financing schemes, and B40 Oil Palm Smallholder Cash Crop Programme (TKB40).

“As of March 31, 2022, impartial smallholders accounted for planted areas in Johor totalling 159,487 hectares. Out of that, 44,824 smallholders cultivating 118,092 hectares — or 74 per cent of the overall planted space — had been MSPO-certified.

“The various incentives provided by the ministry for oil palm smallholder development are expected to contribute to the increase in the productivity and quality of palm product output as well as the smallholders’ income,” he added.

— BERNAMA

 

 



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