F&N to invest RM1bil in first phase of Gemas dairy farm

From left: Datuk Haji Najmuddin Sharif Sarimon, CEO of INVEST Negeri Sembilan; Tengku Syed Badarudin Jamalullail, Chairman of F&N; Datuk Mohamad Rafie Ab Malek, Chairman of Action Committee for Investment, Industrial, Entrepreneurship, Education and Human Capital, Negeri Sembilan; Datuk Seri Haji Aminuddin Harun, Menteri Besar, Negeri Sembilan; Datuk Mohd Zafir Ibrahim, State Secretary, Negeri Sembilan; Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer, Investment Promotion and Facilitation of Malaysian Investment Development Authority (MIDA); Lim Yew Hoe, CEO of F&N at the new integrated dairy farm in Gemas, Negeri Sembilan

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) said is looking into investing at least RM1bil in developing phase one of its integrated dairy farm in Gemas, Negeri Sembilan, which will reduce its reliance on imported milk for downstream production and distribution.

According to the group, the farm is expected to put the group on track to becoming one of Malaysia's largest milk producers when Phase 1 reaches full production at 100 million litres of fresh milk.