Felcra confident of RM2b revenue this year

KUALA LUMPUR: Federal Land Consolidation and Rehabilitation Authority (Felcra) Bhd is confident of achieving RM2 billion in revenue this year, said Rural and Regional Development Minister Datuk Seri Ismail Sabri Yaakob.

He said Felcra also expected an increase in dividend payments to its participants due to the organisation’s good management skills and better palm oil prices.
“Felcra’s core focus is still on the plantation and agriculture sectors, and last year, Prime Minister Datuk Seri Najib Abdul Razak announced that Felcra has been tasked with establishing food security in the country, focusing on the farming industry such as meat and poultry farming,” Ismail said. – Bernama