Govt Enlists FGV's Help to Assist Smallholders Get MSPO Certification

September 05, 2018

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by V. Ragananthini (Sun Daily) Primary Industries Minister Teresa Kok said the ministry will assist FGV Holdings Bhd in attracting investors to develop the downstream palm oil segment and in turn look to it for help with getting small palm oil growers obtain Malaysian Sustainable Palm Oil (MSPO) certification.

Kok said at a press conference at the International Strategy Institute’s Corporate Malaysia Summit 2018, that the ministry is willing to work with FGV Holdings if the company has plans to develop the downstream palm oil segment-by providing assistance in attracting investors.

“I have met with the FGV team last week. I know it’s challenging for FGV. I am hopeful because I find the new team members are committed to turnaround the company and they have briefed me on their plans and so on,” she said.

Kok said the government in turn will need FGV’s help to engage with small palm oil growers to get certifications in line with the government’s goal to get 100% of Malaysian palm oil MSPO certified by end of 2019.

To date the total rate of MSPO certification stands at 20%. READ MORE