Felda, Tabung Haji Tie-Up to Open Oil Palm Estates in Indonesia

KUALA LUMPUR, Aug 19 (Bernama) — The Federal Land Development Authority (Felda) and the Pilgrims Management and Fund Board (Tabung Haji) have established collaboration to open up oil palm plantations in Kalimantan, Indonesia, Felda chairman Tan Sri Dr Mohd Yusof Noor said Wednesday.

He said 57,000 hectares would be brought under the crop initially, with an eventual targeted acreage of 200,000 hectares.

Felda had also forged cooperation with Tabung Haji to manage a restaurant at the Safwa Hotel in Saudi Arabia, he told reporters at a function to introduce the D’Saji “Ramadan Buffet” at the Dewan Perdana Felda, here.

The restaurant management joint venture was undertaken by Felda Global Middle East whereby Felda and Tabung Haji each held 45 per cent equity and D’Saji, a subsidiary of Felda, the remaining 10 per cent.

Dr Mohd Yusof said Felda would look into ways of expanding its collaboration with Tabung Haji.

On the Ramadan buffet, he said D’Saji had come up with 88 menus for patrons during the fasting month at RM48 per person.

Source :  BERNAMA

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