AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date14/01/2024

Policy CategoryProduction

Policy InstrumentSector development measures

DescriptionEstablished a fund of MYR 100 million (USD 21 million) for the implementation of the Small Palm Oil Smallholder Replanting Financing Incentive Scheme (TSPKS 2.0) for 2024 with the aim of reaching 7 000 participants in the scheme to encourage replacing old palm trees.