KUALA LUMPUR: Berjaya Land
(BLand) has signed a memorandum of understanding with Impianan Utara Sdn Bhd to explore rare earth mining and the planting of Napier hybrid grass and Blackthorn durian in Perlis.
In a statement, BLand said the projects will be in collaboration with state investment vehicle Menteri Besar Inc (MBI) Perlis.
In line with its ambition in the rare earths sector, BLand said the partnership will undertaken exploration and development acitvities for rate earth elements and other stratetic minerals in Perlis.
It said Impianan Utara has secured the necessary state-level approval through its partnership with MBI Perlis.
Meanwhile, the joint venture will also undertake a large-scale plantation project involving Napier hybrid grass and premium Blackthorn durian.
