KUALA LUMPUR: FGV Holdings Bhd is ramping up the production of banana, bamboo, coconut and paddy planting materials to meet the increasing domestic demand for crop farming activities.
“Utilising the right planting material is one of the main factors that determine the success of commercial crop production.
“The increase in demand from customers showcases our ability to offer various high-quality products through in-depth research in tissue culture, state-of-the-art research and development (R&D) infrastructure, as well as over 50 years of experience in clonal research, ” FGV group CEO Datuk Haris Fadzilah Hassan said in a statement.
FGV said the production of banana clonal varieties is targeted at two million this year.
This is double of last year’s one million banana clones produced to cater to the rising demand for the Berangan, Cavendish and Tanduk species.
The plantation giant said production had been steadily rising at 100% yearly since 2019 to cater to the niche market demand for fresh bananas and the banana-based food industry.
For bamboo clonal planting material, the production of the Betong bamboo species is targeted at one million by 2022 from the current quantity of 200,000.
Meanwhile, FGV is also increasing the production of pandan coconut planting material to 70,000 in 2021.
This is an increase of 20,000 from last year.