PUTRAJAYA, May 18 — The proposals presented by industry players in the agricommodity sector will be considered during the mid-term review (MTR) of the 12th Malaysia Plan (12MP), said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Fadillah, who is also Minister of Plantation and Commodities, said there were 55 issues and proposals submitted by the agricommodity sector industry players, which will be considered and refined.
Among the proposals raised are to reexamine the tax structure of the palm industry; the importance of certification of wood products; the need for technical and financing assistance to strengthen the kenaf industry; as well as refocusing on Buy Malaysia Products campaign.
“These proposals are important for the 12MP review, for us the identify the weaknesses and how we can enhance the agricommodity achievement which represents a huge contributor to the nation’s income,” he said in a press conference after attending a dialogue session with industry players, earlier today.
Fadillah said the proposals raised during the dialogue session would also be taken as a guide by the Ministry of Plantation and Commodities to determine the priorities for Budget 2024.
The dialogue session, attended by 250 agricommodity sector industry players, was held to discuss the current requirements and challenges of the sectors involved as well as share improvement proposals.
The sectors involved are palm, biofuel and biomass, wood industry, kenaf, cocoa, pepper, and rubber.
— Bernama
