One could not imagine that within this small kernel stored one of the source which contributed to economic growth of Sabah.
New Sabah Times reported that according to Minister of Industrial Development, Datuk Raymond
Tan Shu Kiah; for the first nine months of 2011, Sabah recorded RM16.75 billion in palm oil exports.
Tan Shu Kiah; for the first nine months of 2011, Sabah recorded RM16.75 billion in palm oil exports.
The oil palm industry’s significant contributions could be seen in its export value and revenue as
well as other direct and indirect contributions to the state's economy.
well as other direct and indirect contributions to the state's economy.
With the rapid expansion of Sabah’s oil palm industry, especially private plantations, had also
contributed greatly to the revenue of the state.
contributed greatly to the revenue of the state.
The realization of the significant role that this particular agricultural crop have toward
the economic of the state as well as the nation, it has been incorporated within the of the
federal government’s NKEA (National Key Economic Area).
the economic of the state as well as the nation, it has been incorporated within the of the
federal government’s NKEA (National Key Economic Area).
With the largest cultivation area within Malaysia ( at 1.36 million hectares as estimated by the
Malaysian Palm Oil Board , MPOB), it is no wonder that Sabah if stand alone can become the third
global producer in plam oil; as reported by Bernama.
In recent trend, the State Government began to shift it attention towards diversifying the product
development under the National Biomass Strategy.
With the recent Palmex Malaysia 2012, expert from this particular agricultural sector exchange available technologies, plans and potential for biomass development in Sabah. Such event intended
to shed enlightenment that there are more potentials that are waiting to be discovered and utilized
from other parts of the palm oil plant as well.
to shed enlightenment that there are more potentials that are waiting to be discovered and utilized
from other parts of the palm oil plant as well.
With this positive trend, the flood gates of more potential wealth for the State of Sabah will be opened.
Out of the kernel, the possibilities are endless.
Out of the kernel, the possibilities are endless.
Palm oil is the most important cash crop in Sabah today and it is the main contributor to Sabah’s economy. with 1.36 million hectares planted with oil palm trees, Sabah has become the biggest oil palm state in Malaysia.
ReplyDeletethe palm oil industry in Sabah is often accused of causing deforestation and an increase in GHG emissions. however, what is often overlooked is the palm oil’s ability to eradicate local poverty by providing a decent income to smallholders which will eventually raise their standard of living. palm oil is also a cheaper alternative for the world’s edible oil.
ReplyDeleteThe Palm oil is one of the industries that contributes to Sabah's economies, Sabah is also known as the third largest Palm oil producers in the world.
ReplyDeleteHopefully the State government's plan to shift our attention towards diversification of Palm oil products will be successful.
ReplyDeletehttp://sabah-go-green.blogspot.com/
We hope more development in Sabah as Sabah will be the third global producer in palm oil.
ReplyDeleteGovernment always keep moving on Sabah economy. Government effort I believe can bring more positive impact to Sabah.
DeleteUsaha kerajaan dalam memantapkan ekonomi Sabah, nampaknya ke arah positif.
ReplyDelete