Project Cost: RM2,000,000
Amount Invested : na
Amount Required : na
Display Contact Information : Yes
Knowledge / Experience Required: general management, finance
Proposed Investor’s Role: part-time; as mentor
Project Stage: na
Growing global demand for edible oils and biomass fuel has resulted in tremendous increase in the demand for oil palm, thus mark a significant leaps in oil palm production and planted area. With its easy maintenance and high production, oil palm is a highly profitable agricultural investment with a production life span of 20 to 22 years. Fruit production also increase with an average of 15% per year with the plant’s maturity and reaches its peak production at age 6 or 7. Upon full maturity, aged oil palm can be removed and replaced with new oil palm of which shall commence production within 2½ years.
Having worked in the oil palm plantation and experienced in opening up new land for oil palm plantating, we are well verse with the income generating potential of an oil palm plantation and we have identify a 600 hectares of oil palm plantation located in Ulu Bongawan, Membakut, Sabah, Malaysia for the purpose of taking over. The said plantation has been planted with oil palm ranging from 2½ years to 4 years of age, with current production of 900 metric ton per month and expected to reach 1500 metric ton per fortnight at peak production. Ulu Bongawan is situated 60km from the state capital of Kota Kinabalu and easily accessible by road. There is an established collection center near the plantation thus selling outlet is readily available at this area.
The funding required is RM2,000,000 to fund the acquisition of land, vehicle, plantation equipment and working capital for 6 months in order to take over a 500 acres oil palm plantation.
Chalvador Masandul ( email@example.com)
Postal Address : Lot F216, Block F, Ganang Villa, Jalan Ganang, 88250 Kota Kinabalu, Sabah
State : Sabah
Post Code : 88250
Country : Malaysia
Telephone : 088413395