Our Palm Upstream business is the largest revenue generator and forms the core of the FGV Group. We manage a total land bank of 439,275 hectares in Malaysia and Indonesia, producing approximately 3 million metric tonnes (MT) of CPO annually.
In Malaysia, we have 197 estates located in Selangor, Perak, Pahang, Negeri Sembilan, Johor, Terengganu, Kelantan, Sabah and Sarawak. Meanwhile in Indonesia, our plantation activities are focused in 5 estates located in Central and West Kalimantan. Currently, FGV owns 68 mills across Malaysia, processing over 14 million MT of Fresh Fruit Bunches (FFB) annually, where two-thirds of the FFB are sourced from FELDA settlers and independent smallholders.
Sabah and Sarawak
*Exclude – 42,824 Ha of landbank held under joint venture
Total Planted Area
4.29 Million MT
14 Million MT
2.94 Million MT
Our Renewable & By-products division under FGV Palm Industries Sdn. Bhd. (FGVPI) is the backbone of the Group’s Waste-to-Wealth initiative. It utilises biomass (gas, solid, liquid) at its palm oil mills to produce biogas fuel for in-house uses and grid connections.
Palm Upstream’s Subsidiaries
FGV Plantations (Malaysia) Sdn. Bhd.
Asian Plantations Limited
FGV Kalimantan Sdn. Bhd.
* The list of subsidiaries is not comprehensive. Further details on the equity shareholdings of FGV in its subsidiaries can be referred to in the Financial Statements
# Joint ventures or Associated company