JOHOR BAHRU, The government plans to allocate RM1.4 billion in stages over five years to support oil palm smallholders in replanting old and less productive trees under the 13th Malaysia Plan (13MP), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
He said this is part of a broader strategy to sustain the palm oil industry and boost productivity.
“With replanting, we can maintain Malaysia’s position as the world’s second-largest palm oil producer and increase exports, which currently total RM115 billion,” Johari said after attending the UMNO Johor Bahru Division meeting.
He added that the 13MP debate in Parliament will start Monday, allowing MPs to provide input, including on agro-commodity strategies.
Earlier, Prime Minister Datuk Seri Anwar Ibrahim said the government is committed to strengthening key sectors like palm oil, rubber, and cocoa through modern technology, automation, and R&D as part of 13MP.