In FGV, Integrated Farming leverages on the palm-based circular economy that taps into the lucrative synergies presented by the Group’s extensive palm oil operations.
The business components for Integrated Farming include cash crops, paddy and rice, animal nutrition and protein, livestock and dairy farming.
Under the FGV’s Integrated Farming blueprint, initiatives to be carried out in 2020 include;
- Developing business model FGV Agro Farmers and contract farming schemes for cash crops and rice and paddy.
- Animal Feed expansion – to R & D and create more new PKE and non-PKE based feed pelletized. Dairy cattle pellet (DCP) and goat’s pellet are the two new formulation that is targeted to be launched in 2020.
- Venture into Dairy Cattle – value creation from our 60% acquisition of Red Agri Sdn Bhd will lead developing premium animal feed, utilisation of our Logistics in transportation and storage, incorporating the usage of molasses in our feed and leveraging the distribution network from our downstream.