Sultan Nazrin: New technologies crucial for oil palm sector | Malay Mail

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Sultan Nazrin: New technologies crucial for oil palm sector

Sultan of Perak Sultan Nazrin Muizzuddin Shah said new technologies and applications hold much promise in economic as well as environmental terms. — Picture by Hari Anggara

Sultan of Perak Sultan Nazrin Muizzuddin Shah, in his royal address at the Centenary Conference of the Incorporated Society of Planters, urged industry players to overcome this hindrance in order to achieve a greater sustainable industry, given the current yields have been more or less stagnant for decades.

“Other new technologies will prove equally transformative, and innovation in the sector should be encouraged and supported as much as possible, in order to exploit the full potential of the current wave of technological advance. Sultan Nazrin said one study found that the number of entrepreneurs developing agricultural businesses based on cutting-edge technologies is just one-twentieth of those in the health care sector, and with only one-tenth of the investment.

 

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