Indonesia beckons for Felda Global Ventures


Mohd Emir (pic) told StarBiz that the FGV plantations in Indonesia had not started producing any fresh fruit bunches yet.

KUALA LUMPUR: The proposed laws to restrict foreign ownership of plantations in Indonesia is not a deterrent to Felda Global Ventures Holdings Bhd’s (FGV) plans to expand its operations in that country.

FGV group president and chief executive Mohd Emir Mavani Abdullah said the group would continue to expand its plantations in Indonesia through acquisitions and additional planting in its existing plantations this year.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , FGV , Indonesia , palm oil , oil palm ,

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