How much potential profit could Felda gain from reclaiming its land?

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Felda Could Realise Up To RM1 Billion in Profit From Land Reclamation

The National Felda Settlers’ Children’s Association (Anak) has proposed that Felda could potentially gain profits of up to RM1 billion by reclaiming its land currently leased to FGV Holdings Berhad. This estimate is based on the approximately 320,000 hectares of land involved in the proposal.
Reclamation Proposal Highlights Potential Profit

Anak, through its chairman Mazlan Aliman, has put forth a proposal suggesting that Felda could achieve a profit of up to RM1 billion. This figure is contingent upon Felda successfully reclaiming a significant portion of its land, estimated to be around 320,000 hectares, which is presently leased to FGV. Anak views this reclamation as a more advantageous strategy compared to seeking financial loans for Felda's restoration.
Government Consideration of Proposal

Minister Datuk Seri Azmin Ali has indicated that the government will carefully consider the proposal to reclaim Felda's assets from FGV. He stated that the feasibility of this suggestion would be examined from all angles, acknowledging that the process involves complex negotiations due to FGV being a listed company. The priority in these discussions will remain the welfare and interests of Felda settlers.
Focus on Settler Welfare Amidst Recovery Plans

The government is actively developing a Felda recovery plan, with Anak's reclamation suggestion being one of the key considerations. Azmin Ali emphasised that the Pakatan Harapan government is committed to ensuring the guaranteed welfare of Felda settlers. Concurrently, initiatives are underway to implement training sessions for settlers, aiming to boost their active participation and enhance the adoption of technology within the palm oil industry.

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How much potential profit could Felda gain from reclaiming its land?

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