KUALA LUMPUR, Aug 3 (Bernama) — The Federal Land Development Authority (FELDA) will consult the Prime Minister’s Department (JPM) to determine the best approach for distributing the RM100,000 allocation to each village in its land schemes, as announced by Prime Minister Datuk Seri Anwar Ibrahim yesterday.
Its chairman Datuk Seri Ahmad Shabery Cheek said the move aims to ensure the funds are distributed efficiently and achieve the government’s objectives.
“We will refer to JPM to establish the appropriate criteria for recipients to ensure that the assistance is properly utilised and achieves the intended goals,” he said.
He also noted that the allocation would be tailored to the needs of individual villages, some of which have Land Scheme Working Committees (JKTR), cooperatives, or youth councils.
Ahmad Shabery said this to reporters after launching the Felda Robo and Novate 2025 programme, themed ‘Young Innovators, Global Future,’ at the Mega 3D Carnival (MK3D) 2025 at the Malaysia International Trade and Exhibition Centre (MITEC). Also present was FELDA director-general Datuk Dr Suzana Idayu Wati Osman.
Yesterday, Anwar announced the RM100,000 allocation for each village under FELDA to fund development projects decided by the local residents. This initiative aligns with the MADANI government’s focus on consultation and empowering the people.
Regarding the delisting of FGV Holdings Berhad (FGV) from Bursa Malaysia, Ahmad Shabery said it should not be viewed negatively.
He said delisting will allow for a restructuring of the company without being constrained by the regulations governing public companies, ultimately enabling FELDA to fully own FGV and run welfare activities for settlers more effectively.
The Prime Minister had earlier confirmed that FELDA would have control over FGV’s direction once the delisting process is completed, which will begin on Aug 28.
— BERNAMA
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