Blog yOur Mind

Agriculture become 3rd major economic catalyst

Posted on: April 1, 2009


Bernama – Wednesday, April 1

KUALA LUMPUR, March 31 (Bernama) — The Agriculture industry has become the third major economic growth catalyst under the leadership of Datuk Seri Abdullah Ahmad Badawi.

Riding on the motto of “agriculture is business”, the new approach has enable the agriculture produce to penetrate new markets abroad, recording an average increase of 13 per cent yearly from 2003 to July 2008.

“With the added value, the real value of the agriculture sector rose from RM33 billion in 2003 to RM40 billion in 2008,” according to the Report on the Initiatives and Achievements of the Malaysian Government from Nov 2003 to March 2009, issued by the Prime Minister’s Department here today.

Capitalising on modern technology including biotechnology and information and communication technology to increase quality yield, the agriculture sector has produced many budding entrepreneurs.

“A total of 7,258 agrobusiness entrepreneurs have emerged during the period while 996 existing ones registered an increase in earning with a minimum income of RM2,000 per month,” it said.

— MORE

ABDULLAH-AGRICULTURE 2 KUALA LUMPUR

The report said 45 permanent food parks covering 3,800ha have been developed involving 789 participants while 17,400ha have been planted with vegetables under contract farming by 10,600 participants.

Under the National Food Safety Policy, the government has increased food supply especially rice.

The Abdullah administration has empowered the industry by assisting the downstream companies to make breakthrough in the international market especially the European Union countries.

The government has also provided incentives to encourage investments in the Malaysian halal hubs by offering the pioneer status, tax holiday and investment duty allowances.

An integrated park for halal downstream products has also been set up.

— MORE

ABDULLAH-AGRICULTURE 3 (LAST) KUALA LUMPUR

The government had also developed the National Animal Embryo Centre two years ago to stock the farms of breeders in the country with high quality breeds of the Boer goat.

The Abdullah administration has launched the corridor development to correct the imbalance in the development by accommodating the agriculture sector.

They are the Iskandar Malaysia (2006-2025), the Northern Corridor Economic Region (2007-2025), the East Coast Economic Corridor (2007-2020), the Sabah Development Corridor (2008-2025) and the Sarawak Corridor of Renewable Energy (2008-2030).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

WHEN NOTHING GOES RIGHT, go left

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 55 other followers

DISH MENU

PREVIOUS MENU

CASHIER COUNTER

  • 271,690 UFOs
%d bloggers like this: