Malaysian government sets up new tropical fruit export company with $22m
The Sarawak government in Malaysia has set up a new company with a seed fund of around $22,683,455 i…The Sarawak government in Malaysia has set up a new company with a seed fund of around $22,683,455 in its bid to increase the state’s tropical fruit production for the export market.
Deputy Chief Minister, Datuk Amar Douglas Uggah Embas, today said that the Sarawak Agriculture Products Export Corporation Sdn Bhd will be run as a private company under the state Ministry of Agriculture and Rural Economy.
He added that the state-owned company will be responsible for building and managing exports of Sarawak’s agriculture products and ensuring that there are sufficient export orders on a sustained basis.
“For a start, the corporation will focus on bananas, coconuts and durians for export to peninsular Malaysia and Singapore, while the exports to China and Japan will be achieved within a longer time-frame due to the administrative protocols involved,” he told reporters after opening a seminar on Sustainable, Quality and Safe Agriculture Production here.