Land mobilisation holding back firm’s investment in oil palm

Business

RAMU Agri Industries Ltd (Rail) is ready to invest in palm oil but new projects are being hampered by land mobilisation and suitability of soil for palm oil cultivation.
“We will develop any land that is more than 700ha,” Rail general manager Ruari McWilliams said.
McWilliams told the Markham development authority and the 21 incorporated land groups (ILGs) in the valley in a stakeholder consultation meeting that soil suitability would affect crop production.
“If the land is less than 700ha, there are other agricultural alternatives that Rail or land owners can tap into with our help,” he said.
Meanwhile, Rail has tasked the Markham ILGs send an expression of interest to Rail to consider commercial investment.