Friday, March 04, 2011

Herbal Cultivation Park to be launched in Terengganu!

Source : Herbal Cultivation Park to be launched in Terengganu!

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.
Minister Datuk Sri Noh bin Omar, who is the lead minister for the Agriculture NKEA, said that the global trade of natural products amounted to RM777 billion in 2006 and is expected to triple to over RM2 trillion by 2020.

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

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