Felda gets lifeline

Megat Zaharuddin: The new business model will help to ensure the sustainability of the new Felda.

THE turnaround plan for ailing government agency, the Federal Land Development Authority (Felda), has shifted into high gear.

With a fresh aid of RM6.23bil announced by the government in its recent White Paper, Felda is expected to further expedite its Transformation Project, which kicked off in November last year.