Datuk Seri Fadillah Yusof
KUALA LUMPUR: The government through the Plantation and Commodities Ministry is currently developing a National Biomass Action Plan that would involve five sectors: plantation, agriculture, livestock, fisheries and forestry.
This plan is expected to be completed and announced in July 2023, said the deputy prime minister Datuk Seri Fadillah Yusof who is also the Plantations and Commodities Minister.
“My aspiration is to have a sustainable circular economy within these sectors by the systematic use and processing of biomass into high-value-added products which can generate additional income to the industry as a whole,” he said in his speech at the Palm Lauric Oil Conference and Exhibition 2023.
“One of the high-impact projects that will be embarked on by the MPOB within the 12th Malaysia Plan will be the production of lignocellulose from biomass that can be utilised in various sectors such as food, pharmaceutical and cosmetic industries. I hope my Ministry together with Bursa Malaysia and the relevant agencies will continue the collaboration in this endeavor,” he added.
