BLD to develop peat soil landbank

  • Business
  • Thursday, 18 Jun 2015

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.

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