The Oil Palm would like to bring to your attention an opinion editorial authored by Datuk Seri Mah Siew Keong, Minister of Plantation Industries and Commodities for Malaysia. The Minister reflects on Malaysian Palm Oil’s 100 years of success, and looks ahead to the future.
by Datuk Seri Mah Siew Keong, Minister of Plantation Industries and Commodities
‘Tomorrow we will commemorate the 100th year of commercial oil palm planting’
‘Over these 100 years we have witnessed extraordinary growth and innovation. From its humble inception, the palm oil industry is today the main pillar of the commodities sector, contributing RM67.6bil in export value in 2016, equivalent to 6.1% of Malaysia’s GDP. With more than two million Malaysians involved on the palm oil value chain including 644,522 smallholders, its impact on the well-being of the rakyat is huge’
‘Despite these successes our road to 100 years has not been the easiest … the opponents are primarily Europeans and the assault includes the French Nutella Tax … and the more recent resolution by the European Parliament. It is essentially a trade issue camouflaged as an environment protection measure’
‘How palm oil will be remembered another 100 years from now will depend on our vision and conviction’
‘In the immediate term, the accelerated roll-out of the Malaysian Sustainable Palm Oil (MSPO) certification is totally crucial … As smallholders make up almost 40% of palm oil hectarage, the MSPO is a key bridge to ensure compliance to sustainable standards with a reasonable cost and optimised process for those with less resources.’
Read the full opinion editorial here: 100 Years of Glory and the Next Horizon