BLD to develop peat soil landbank


KUCHING: BLD Plantation Bhd will invest between RM210mil and RM280mil to develop the remaining 14,000ha landbank on peat soil in two years.

Executive chairman Datuk Henry Lau Lee Kong said it would cost between RM15,000 and RM20,000 per ha to cultivate oil palm on peat land.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

EcoFirst appoints two new independent non-executive directors
Indonesia to ensure�c.bank independence, rupiah to rebound, finance minister says
Standard Chartered sees Malaysia’s 2026 GDP growth at 4.5%
Asian bonds draw strong foreign inflows in December
Malaysia’s auto market maintains momentum with 820,752 units sold in 2025
China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25

Others Also Read