Modern Concept Further Strengthens Felda, Says Najib

By Friday December 19th, 2008 No Comments

KUALA LUMPUR, The Modern Felda concept is a shot in the arm for a more focused and professional management and operation of the land settlement schemes, Datuk Seri Najib Tun Razak said Wednesday.

The deputy prime minister said the implementation of the concept would start in July next year and would continue until it really met the aspirations and vision of the settlers.

“It is also hoped that this approach will launch Felda towards becoming a global commodity trading player so that it emerges as a strong multinational business entity,” he told reporters here.

Najib said that a study done with the agreement of the Felda Board early this year showed that several initial steps had to be taken to achieve the objective of a having a Modern Felda.

Firstly, Felda must spur efforts to merge the Felda plots to an optimum level and secondly, Felda must increase focus on developing the community until it reached the middle income level, he said.

“For this purpose, a new post of Felda Deputy Director-general (Community Development) will be created in January 2009,” he said.

Besides that, the Felda Foundation would focus on welfare matters relating to health, education and charity programmes for the well-being of the community.

Felda Global Venture Holding (FGVH) would be the key company to supervise all companies of the Felda group starting Jan 1 and Datuk Mohd Bakke Salleh would be appointed its chief executive officer with Ramli Putihas his deputy, Najib said, adding that the next step would be the structure of the membership.

He said the three important components of Felda, namely Felda, its group of companies and Felda Foundation, would be given more professional focus to increase quality and productivity.

Source : Bernama

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