December 21st, 2010 | Published in Agriculture, EPP Nuggets | 1 Comment
Year end update! This just in today. The Ministry of Agriculture and Agro-based Industry announced that the ECERDC* received the go ahead for Terengganu to develop a Herbal Cultivation Park on 461 hectares of land.
Creating 285 jobs, this project in Pasir Raja, Teregganu, will include developing top 2 money makers: Tongkat Ali which is expected to bring in an annual revenue of RM225,000 per hectare and for Dukung Anak it’s RM136,500.
5 other types of high demand herbs that will also be developed are:
- Kacip Fatimah,
- Misai Kucing,
- Hempedu Bumi,
- Agar wood,
- Lemon Myrtle.
So following that, ECERDC is planning to develop 2 additional herbal parks. The one in Chegar Perah is expected to take off in 2011 and the second one in Rantau Manis in 2013.
*ECERDC – East Coast Economic Region Development Council