The former Finance Minister said he was confident that they would be able to reap the fruits of their labour within 10 years.
“The demand for food will be very high by then. So my suggestion to them is to ask the government for land and plant fruits and vegetables because Asia needs to grow its food bank.
“There will be scarcity in land and the population will increase by billions in 2030. China, India will all need food.
“God willing, you can achieve success because the price of food is increasing,” he said at a dialogue session at the launch of a cooperatives index here yesterday.
Daim gave an example of 12 youngsters in Sabak Bernam who were planting pineapples on a large scale with the use of technology such as drones and sensors to assist them.
“If you use modern methods, you can be successful. You can’t rely on the old approach. If you can take advantage of this, you can be successful. If you have land, plant. If not, ask the government for it,” he said.
On cooperatives, he said it should play a role in making sure the concept of Shared Prosperity was realised by cutting out middlemen.
Daim cited the example of rubber tappers who worked hard, only for the big profits to be reaped by the rubber glove manufacturers.
“Those in manufacturing are very rich, their profits are in the millions. Where is the shared prosperity?
“It means if I am a rubber tapper, I must make profit. If I don’t sell latex, they can’t sell their gloves. Because of me, they are rich,” he said.
According to the Malaysian Co-operatives Societies Commission, the top 100 cooperatives in the country recorded an income of RM9.77bil with assets worth RM123.24bil for the year.
There are more than 14,000 cooperatives in the country with six million members.
He suggested that the cooperatives play a part in helping rubber tappers being given a chance in the process of rubber glove manufacturing.
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