Thursday, 26 June 2008

Felda to expand plantation ops overseas

note: ref. yesterday's comment about Malaysian companies expanding into into Indonesia.

Thursday June 26, 2008 The StarOnline, Malaysia

Felda to expand plantation ops overseas

KUALA LUMPUR: Felda will concentrate on expanding palm oil plantation operations overseas following a government directive for it to cease opening new plantations in the country.

Deputy Prime Minister Datuk Seri Najib Tun Razak said Felda had already ventured overseas to raise productivity through commercial activities.

“Felda had obtained land in Kalimantan and Acheh in Indonesia, in Papua New Guinea and in Brazil,” he told reporters after witnessing the presentation of ISO/IEC 27001:2005 accreditation to Felda Prodata Systems Sdn Bhd, a subsidiary of Felda Bhd, from Sirim QAS International Sdn Bhd at the Parliament House here yesterday. Felda Prodata is Felda’s in-house IT systems provider.