Govt allocates RM130mil for oil palm owners to obtain certification

According to Subur Tiasa senior independent director Ngu Ying Ping the company may seek a renewal of the oil palm plantation licence to expand the oil palm plantation operation or venture into plantation of trees that would complement its timber operation.

PUTRAJAYA: The Government has allocated RM130mil as an incentive for oil palm smallholders to help them obtain Malaysia Sustainable Palm Oil (MSPO) certification for free.

Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said in view of the mandatory implementation of the MSPO by end-2019, the incentive would ease their financial burden by providing for the certification's auditing fees.