Wednesday 2 November 2011

Felda mulls opening estates in Cambodia

Felda, with two estates in Indonesia, is considering an offer to open estates in Cambodia.

Its Chairman Tan Sri Mohamed Isa Abdul Samad said Felda management was currently negotiating with the Cambodian authorities following an offer to open up 160,000 hectares (400,000 acres) in that country.

He said the Federal Land Development Authority has been provided with the necessary documents, relevant details and study findings of Malaysian organisations for consideration.

"I believe we will study the offer as it is a good opportunity," he said.

Mohamed Isa said Cambodian Prime Minister Hun Sen, duiring his visit to Malaysia, had suggested to Prime Minister Datuk Seri Najib Tun Razak that Felda open estates in Cambodia. -- Bernama
Related Posts Plugin for WordPress, Blogger...