Source: caosu.com.vn
A road passing rubber forest in Malaysia.
With 400,000 ha of 800,000 hectares of Malaysia rubber plantation, Mr. Zahid emphasized the use of high quality seedlings and automatic exploitation methods to increase productivity. The Deputy Prime Minister of Malaysia also emphasized plans to increase the value of rubber wood by promoting the use of rubber wood in the processed furniture market, reducing the dependence on the Government’s funding to the small farmer development agency in the rubber industry (RISDA).
Talking about Malaysia’s decline to 10th place among global rubber manufacturers, he expressed his belief in the potential of the industry, by innovation, technology and sustainable activities. “With dedication and commitment, Malaysia can regain a leading position in the global rubber industry,” he said.
Recently, the Rubber Industry Council (LIGS) plans to develop 40 hectares of land in Bongawan Rubber Industrial Park into a 100 -ton rubber cement production facility, according to the initial recommendation of the Malaysian Rubber Research Institute. The project is expected to create about 60 jobs for local people.
Deputy Prime Minister and Datuk Seri Seri Jeffrey Kitingan said that Ligs has completed a feasible study of the entire region in the early stages of the 13th Malaysian plan, expected to benefit 1,000 local residents about both economic opportunities and rubber value chains.
The Minister of Agriculture, Fisheries and Food Industry said that the widespread development will create a greater economic impact, worth 40 million RM per year for Sabah.
“Currently, through LIGS, we are trying to attract private investors to participate in the pilot drilling project worth 30 million RM, he said.
In addition, Kittan clarified that the total land area owned by LIGS in Bongawan Industrial Park, including 3,256 hectares of existing land and 2,000 hectares of land published for 2026 under code 28 under the Sabah land decree.
He said LIGS is trying to develop the entire region by developing development plans in each stage for this area by providing appropriate incentives for potential investors.
“In 2024, LIGS spent 1.5 million RM to conduct a land survey of the entire region and this year, LIGS will develop rubber on an area of 202 hectares, with a cost of 2.5 million RM, with the participation of 60 local workers,” he said.
For 4.8 hectares of Bongawan, he said that the land has been allocated to Felcra previously under an agreement between the state government and this agency.
