The profitability of FGV’s business contributes to the success of Felda settlers. The annual lease payments on the 355,864 hectares of land that FGV manages provides a secure and consistent income stream to FELDA, enabling it to focus on its social development programmes. Additionally, proceeds from FGV’s profit are chanelled to FELDA, through its 37 percent stake in our business. These earnings enable FELDA to be internally funded, and ensures its success in sustaining the vibrancy of Malaysia’s smallholder plantations . FGV further distributes its benefits, in the form of dividends, to settlers via Koperasi Permodalan Felda.
Some two million people, comprising 112,635 settler families, children and grandchildren, benefit from plantation income, and it is estimated that a further 300,000 people associated with the settlements derive their income from FELDA. In addition to this, various community-based and assistance programmes are being carried out to look into the welfare of Felda communities, including housing improvement loans, training and development programmes for the settlers’ offsprings and their children, as well as development of infrastructure and facilities within the settlements.
FELDA and FGV contribute two percent net profit every year to Yayasan Felda. Through the foundation, FGV helps to spur a variety of charitable causes and initiatives centering on educational, healthcare and philiantrophic causes, which benefit settler communities, rural populace and Malaysians at large.