Malaysia eyes markets for palm oil in Africa

Kok(pic) said the government continued its efforts to thwart the anti-oil campaign and eliminate trade barriers to increase market access of palm oil through the RM27mil allocation proposed in the Budget 2020.

PUTRAJAYA: The Primary Industries Ministry is identifying new potential markets for palm oil in Africa, home to 1.2 billion people, as some countries in the continent boast rapid economic growth, according to its minister Teresa Kok.

As palm oil is one of the most affordable cooking oils compared with soybean oil, sunflower oil and olive oil, she said it has the potential to produce palm oil-based products as a viable option for Africans.