B - Cost of Living B10. Food Production

B10-14: Introduce a new business model for the failed National Feedlot Corporation to enhance the production of local beef to 30%.

The Malaysian Insight June 25, 2018
In progress
Jun 2018

New business model in works for National Feedlot Corporation

The Malaysian Insight June 25, 2018

THE Agriculture and Agro-Based Industry Ministry will introduce a new business model for the failed National Feedlot Corporation in three months’ time. Its minister, Salahuddin Ayub, said the new initiative would be done "holistically" to enhance the production of local beef to 30%. “The matter is being discussed, and the new business model will realise our objective of increasing local meat production. “The views of all stakeholders will be considered for the new business model, as it is an important industry,” he said today. Salahuddin also said the ministry would not act hastily in introducing the new business model and would take on board all issues and views. Salahuddin also announced that online marketer Najib Assadok had declined being named to the National Agriculture Advisory Council. His replacement will be named next week. – Bernama, June 25, 2018.