KUALA LUMPUR: The RM50 million allocation for the palm oil industry in the Strategic Programme to Empower the People and Economy (PEMERKASA) assistance package can further boost the sector's effort to woo more local workers, Malaysian Palm Oil Board (MPOB) said.
Director-general Dr Ahmad Parveez Ghulam Kadir said the RM30 million to encourage investments in mechanisation and automation and RM20 million for purchase of machinery can help move the industry into mechanisation in its way forward.
"Hopefully when we go into mechanisation it is less dirty and less dangerous and so maybe by then we can attract more locals especially the youth.
"The grant can be used to buy more tractors to collect fruit bunches and therefore minimising the nature of harvesting by humans. I hope it will become something that is more tolerable for the locals," he told Bernama.
Tan Sri Muhyiddin Yassin said when unveiling PEMERKASA on Wednesday, that the government had approved a matching grant of RM30 million to encourage investments in mechanisation and automation of the palm oil industry.
The Prime Minister said another matching grant of RM20 million would also be allocated for the purchase of machinery for Sustainable Oil Palm Growers Cooperatives to benefit 65 cooperatives with a membership of 6,000 smallholders.
Especially for the cooperatives, Ahmad Parveez said they can also use the grant to buy MPOB's motorised palm oil cutter or 'cantas' that was introduced by the board in 2007.
"We have 65 cooperatives involved in the planting of sustainable palm oil for the whole country so we hope with this matching grant, it can improve their facility and give some mechanisation to load and unload the fruit bunches. Roughly, whole bunches of ripe fruit can weigh about 30 kg.
"Indirectly, you are supporting these cooperatives and they can make more money and in return they can support the smallholders who are their members," he stressed.
Meanwhile, Singapore-based Palm Oil Analytics' owner and co-founder Dr Sathia Varqa said amid the current higher price of crude palm oil (CPO) which is trading above RM4,000 per tonne, the incentives are an additional benefit for the plantation industry.
"Plantations are expected to use more fertiliser this year and it is good news especially for the 6,000 smallholders," he said.
Having said that, Sathia opined, the RM30 million may not be sufficient to resolve the labour shortage problem as such initiative will take time.
"To be honest RM30 million is small for a RM75 billion industry," he said.
PEMERKASA worth RM20 billion is the sixth assistance package introduced by the Malaysian government to continuously support the country's economic recovery process, along with a new fiscal injection amounting to RM11 billion.
The package focuses on 20 strategic initiatives to boost economic growth, support businesses, and continue targeted assistance to the people and sectors that are still affected.
Other packages introduced earlier on were the PRIHATIN Rakyat Economic Stimulus package worth RM250 billion, PRIHATIN package for small and medium enterprises (RM10 billion), National Economic Recovery Plan under PENJANA (RM35 billion), Prihatin Supplementary Initiative Package (RM10 billion) and Malaysian Economic and Rakyat's Protection Assistance Package (RM15 billion).
With the inclusion of PEMERKASA (RM20 billion), the total value of the aid packages is RM340 billion.
-- BERNAMA
Bernama
Fri Mar 19 2021
Dr Ahmad Parveez said the RM30 million to encourage investments in mechanisation and automation and RM20 million for purchase of machinery can help move the industry into mechanisation in its way forward. Filepic/BERNAMA
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.