Teresa Kok speaks to reporters in Parliament, Kuala Lumpur March 25, 2019. — Picture by Firdaus Latif
Primary Industries Minister Teresa Kok said Egypt and Morocco, which are not only the gateways to Northern African but also Europe and Central Africa, have shown keen interest to import Malaysian palm oil.“The ministry also sees a big opportunity in Benin which imported 240,000 tonnes of palm oil from Malaysia last year,” she said in response to a question from Mohd Shahr Abdullah during the Ministers’ Question Time.
She said in Central Asia, countries such as Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan have started importing Malaysian palm oil products, while in South Asia, Sri Lanka is a potential market to be explored, especially in the food, and oil and fats industries. Kok said the government would be taking steps to diversify the application of palm oil as part of the efforts to empower the downstream industry which also included increasing the blend of palm biofuel with diesel via the B10 Biodiesel programmes which was made mandatory for the transport sector and the B7 programme for the industrial sector beginning July 1, 2019.
Source: Financial Digest (financialdigest.net)
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