KUALA LUMPUR: The Federal Land Development Authority (Felda) is planning a corn cultivation project on 3,700ha of land in collaboration with FGV Holdings Bhd to help solve the issue of the sharp increase in livestock feed prices.
Felda’s Strategic Department said the agency would also be looking at boosting the poultry industry through contract farms in collaboration with Ayamas Food Corporation Sdn Bhd with an investment worth RM23mil, reported Bernama.
“Felda has introduced various initiatives such as the Settler Develop Programme (PPP) in 2019 to diversify and increase settlers’ income through activities not based on palm oil and rubber,” it said in a statement yesterday.
Felda also added that PPP projects would be useing smart technology for observation and watering, as well as voice activation systems.
Its chairman Tan Sri Idris Jusoh said the agency was committed to making PPP a success.
“This is not only to increase the income of Felda settlers and its next generation but also includes greater aspirations to help the national agenda through strong support for the success of the National Food Security Policy,” he said.
Felda said the programme had also increased the self-sufficiency rate, thus reducing food import dependency.
To date, 8,543 PPP projects have been approved to be carried out individually and through the involvement of cooperatives and settler bodies to benefit a total of 56,959 settlers and their next generation.
