Felcra profit distribution of RM136.4 million for 73,000 | Daily Express Online

Felcra profit distribution of RM136.4 million for 73,000

Published on: Tuesday April 26, 2022

By: Bernama

Text size:


SANDAKA: More than 73,000 Felcra Bhd participants nationwide received the distributable profits for Phase 2 of the Felcra Malaysia 2021 Participation Projects totaling RM136.4 million, as of last Friday. per hectare was to be completed by the middle of this week. “Factors that contribute to the distribution of profits are Felcra’s efficient and systematic plantation management, with efforts to improve workflow; increased use of machines and mechanical tools in all plantations managed by Felcra; the introduction of automation aspects, such as the use of agricultural surveillance drones and the increase in the price of fresh oil palm fruit bunches to RM844.14 per ton and RM5.74 per kilogram for rubber,” he said in a statement. with his visit to Sandakan on Monday.

Distributable profits were also received by 1,367 Felcra participants in Sabah. Mahdzir also said that in an effort to make the aspiration of rural urbanization a reality, his ministry has also focused on the welfare of the people and the rural ecosystem. He said that in the second rolling plan of the 12th Malaysian Plan (12MP), Felcra received a grant of RM161.6 million to implement village development activities, such as social amenities, business premises, rural tourism, community engagement, replanting and improvement programs. planting infrastructure nationwide.

“The development impact will benefit over 107,000 Felcra participants… and of course those in Sabah will be given priority to benefit from the development and the government has also agreed to channel an allocation of RM11.17 million for such development activities here,” he said.
* Follow us on Instagram and join our Telegram and/or WhatsApp channels for the latest news you don’t want to miss.

* Do you have access to the Daily Express electronic newspaper and exclusive news online? See available subscription plans.