KOTA BARU: The Ministry of Plantation Industries and Commodities (MPIC) goals to supply 200,000 tonnes of latex per yr over the subsequent 5 years by the East Coast Latex Hall Program.
Minister Datuk Zuraida Kamaruddin stated Malaysia’s precise want is at the least round 400,000 tonnes of latex per yr however up to now, the nation is simply capable of produce lower than 10 per cent of the demand, which is round 32,000 tonnes of latex per yr.
“The East Coast Latex Hall Program entails 200,000 rubber planters in Kelantan, Terengganu and Pahang (and) we’re focusing on at the least 50% of the demand for latex, which is 200,000 tonnes per yr, to be produced within the subsequent 5 years.
“Among the many initiatives carried out by the ministry to realize the goal is the introduction of Latex Manufacturing Incentive (IPL) to encourage and supply help to rubber planters to extend their latex manufacturing,” she advised reporters on the IPL launching ceremony at MHJ Enterprise, Bukit Bunga yesterday.Additionally current was MPIC deputy secretary-general, strategic planning and administration, Abdul Hadi Omar and Malaysian Rubber Board (MRB) director-general Datuk Dr Zairossani Mohd Nor.
Zuraida stated the federal government has allotted RM25 million by IPL to extend the nation’s latex manufacturing in addition to enhance the revenue of entrepreneurs by rubber manufacturing. She stated it additionally aimed to supply alternatives for rubber smallholders to complement their revenue by encouraging them to modify to producing latex as an alternative of cuplump rubber.
“Every rubber smallholder who participates on this program will obtain help within the type of agricultural inputs similar to fertilizers and pesticides value RM850 per hectare on a one-off foundation in addition to a money incentive of RM1 per kg of 100% dry rubber content material (DRC) .
“DRC measuring tools, particularly RRIMETER know-how machines value RM140,000, will likely be lent to rubber cooperatives or retail licensees taking part within the IPL program by MRB,” she stated. — Bernama