Ensuring palm oil sustainability


PUTRAJAYA: Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said 633,232 ha of oil palm plantation and 59 mills have voluntarily obtained the Malaysia Sustainable Palm Oil (MSPO) certification as of January.

There are 5.7 million ha of oil palm plantation and 454 mills in the country.

“We want to prove to the world that we are very committed towards ensuring palm oil is produced sustainably, and this is why we are embarking on the MSPO certification.

“We are positive more oil palm planters, especially smallholders, will take up the MSPO scheme,” he told a press conference after receiving a courtesy call from the Singapore High Commissioner to Malaysia Vanu Gopala Menon here yesterday.

The MSPO certification, which started on a voluntary basis on Jan 1, 2015, would be made mandatory by end-2019 in order to elevate the palm oil industry to global standards.

“The mandatory timeline for plantation industries to obtain MSPO certification will be June 30, 2019 while smallholders will have to get their certification by Dec 31,” he said.

The Government has allocated RM130mil in incentive for oil palm smallholders, which numbered around 650,000 to obtain the MSPO certification.

On the European Union’s (EU) ban on palm oil, Mah said five leading EU countries would not support the ban while an unspecified country needed to have further discussions before arriving at a decision. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Mah Siew Keong , Vanu , Gopala , Singapore , palm oil ,

   

Next In Business News

ESG practices key to investments
China’s airlines may join the multi-billion-dollar exit from US stock markets
Bursa Malaysia to introduce carbon market exchange
MAG remains positive despite tough conditions
Local telcos to be given priority in 5G rollout
Noor Amy Ismail is Mavcap COO
Mida, Perodua in supplier upskilling programme
UMW delivers 24,983 vehicles in July
JCorp and Tiong Nam in logistics park development
CCB takeover offer deemed reasonable

Others Also Read