Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Oil palm
Date
01/09/2017
Policy Category
Trade
Policy Instrument
Bilateral cooperation
Description
Malaysia conducted bilateral talks with the Philippines to examine the possibility of setting up joint ventures for oil palm plantations in the Philippines, with a view to cater to the country’s rising demand for vegetable oil for both food and industrial uses.
Notes
Government officials of the two countries discussed the possibility of setting up joint ventures for oil palm plantations in the Philippines to cater to the country’s rising demand for vegetable oil for both food and industrial uses. Reportedly, in the long term, the joint development of up to 80 000 hectares of oil palm plantations would be considered.