 The Federal Land Development Authority (more commonly referred to as FELDA) is a Malaysian government agency handling the resettlement of rural poor into newly developed areas. It focuses on opening smallholder farms growing cash crops. FELDA's schemes are generally open only to ethnic Malays, who form a majority of the Malaysian population. As of 2000, FELDA has about 9,000 square kilometres of land in cultivation, most of them oil palm estates. Although FELDA is mainly pre-occupied with alleviating rural poverty through resettlement, it reportedly holds a minority stake in some major Malaysian banks. Rural area in Dalarna, Sweden Qichun, a rural town in Hubei province, China Rural areas are sparsely settled places away from the influence of large cities and towns. ...
The examples and perspective in this article may not represent a worldwide view. ...
Bales of hay on a farm near Ames, Iowa A farm is the basic unit in agriculture. ...
In agriculture, a cash crop is a crop which is grown for money. ...
Malays (Dutch, Malayo, ultimately from Malay: Melayu) are a diverse group of Austronesian peoples inhabiting the Malay archipelago and Malay peninsula in Southeast Asia. ...
Species Elaeis guineensis Elaeis oleifera The oil palms (Elaeis) coomprise two species of the Arecaceae, or palm family. ...
The First Provincial Bank of Taiwan in Taipei, Republic of China was formerly the central bank of Taiwan Province and issued the New Taiwan dollar. ...
History
FELDA was formed on July 1, 1956 when the Land Development Act came into force. [1] Its initial capital was M$10 million, and the first FELDA settlement, comprising 16.2 square kilometres of land and focused on rubber, was opened at Ayer Lanas the following year. In 1958, five similar schemes were opened. [2] July 1 is the 182nd day of the year (183rd in leap years) in the Gregorian Calendar, with 183 days remaining. ...
1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ...
Ringgit (Malay for jagged) mostly refers to the Malaysian ringgit, which is the local currency in Malaysia, but it can also refer to the Singapore dollar and Brunei dollar in the Malay language. ...
Rubber is an elastic hydrocarbon polymer which occurs as a milky emulsion (known as latex) in the sap of several varieties of plants. ...
In the 1960s and 1970s, government policy began to emphasise crop diversification, in an effort to avoid being affected if the world price of rubber were to drop precipitously. In 1961, FELDA's first oil palm settlement opened, with 3.75 km² of land. As of 2000, 6,855.2 km² of land under FELDA's programs are devoted to oil palms.[2] Species Elaeis guineensis Elaeis oleifera The oil palms (Elaeis) coomprise two species of the Arecaceae, or palm family. ...
FELDA focuses mainly on West Malaysia (Peninsular Malaysia); other government agencies are responsible for land development in the states of Sabah and Sarawak, which form East Malaysia.[3] Peninsular Malaysia (or Semenanjung Malaysia in the Malay language) is the part of Malaysia which lies on the Malay Peninsula, and shares a land border with Thailand in the north. ...
State motto: Sabah Maju Jaya Capital Kota Kinabalu Governor Tun Haji Ahmadshah Abdullah Chief Minister Hj. ...
State motto: United, Industrious, Dedicated (Malay: Bersatu, Berusaha, Berbakti ) Capital Kuching Governor T.Y.T Tun Datuk Patinggi Abang Muhammad Salahuddin Chief Minister Y.A.B. Datuk Patinggi Tan Sri Haji Abdul Taib Bin Mahmud / Pehin Sri Dr. Hj. ...
East Malaysia consists of the Malaysian states of Sabah and Sarawak which are located on the island of Borneo, to the east across the South China Sea from West Malaysia. ...
Scheme management Settlers are drawn from rural Malay poor.[4] They should be aged between 21 and 50 years, married, and physically fit. Priority was given to those who did not own any land to farm.[2]
New settlers are assigned to a particular settlement, and are given 10 acres (40,000 m²) of land to cultivate usually either rubber or oil palms.[5] All settlers must reside at the settlement itself, and are alloted 0.25 acres (1,000 m²) in a planned village, where their home — already built by FELDA — is located. Although basic infrastructure, such as piped water and electricity, used to be lacking[6], nowadays such facilities are readily provided. Schools, medical centres, and places of worship are also provided.[7] An acre is an English unit of area, which is also frequently used in the United States and some Commonwealth countries. ...
A village is a human residential settlement commonly found in rural areas. ...
Lightning strikes during a night-time thunderstorm. ...
Originally, FELDA schemes were designed as co-operatives, where instead of each settler owning a defined piece of land, each settler held an equal share in the ownership of the particular scheme. However, the settlers did not prefer this scheme, as workers who did not tend to the land properly still benefited. The government then set up a 3-phase plan, where in the first phase, the co-operative remained as a mechanism for the settlers to learn how to farm. In the second phase, each settler was given a specific plot of land to work, and in the third phase, he was given the land title to that plot.[2] However, the settler was forbidden from selling the land without permission from FELDA or the federal government.[8] A cooperative (also co-operative or co-op) comprises a legal entity owned and democratically controlled by its members, with no passive shareholders. ...
The costs of acquiring, developing and allocating the land are borne by loans made to FELDA settlers. These loans are repaid in monthly instalments deducted from the settlers' income over a 15-year period.[6]
Although settlers are supposed to focus on agricultural activities, it has been reported that a substantial number are also engaged in other activities, such as shopkeeping. Some are even employed in jobs outside the settlement.[6]
In recent years, the growth of urban areas has led to a substantial increase in the land value of some settlements. With permission, many settlers have sold their farms, becoming instant millionaires.[2] A millionaire is a person who has a net worth or wealth of more than one million United States dollars, euros, British pounds or units of a comparably valued currency. ...
Diversification FELDA has diversified from its original business of land development, to other economic ventures — some of them entirely unrelated to land resettlement. Although FELDA has subsidiaries involved in businesses such as marketing, transportation, milling, etc.[2], it also reportedly has a stake in some major Malaysian banks, such as Maybank.[9] Maybank, a trade name for Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant personal banking operations in Brunei, Singapore and the Philippines as well. ...
Notes and references - ^ "Penubuhan". Retrieved Feb. 19, 2006.
- ^ a b c d e f Simeh, Arif & Tengku Ahmad, Tengku Mohd. Ariff (2001). "The Case Study on the Malaysian Palm Oil". Retrieved Feb. 19, 2006.
- ^ Manshard, Walther & Morgan, William B. (eds., 1988). "Malaysia". Retrieved Feb. 19, 2006.
- ^ Ryter, Loren S. (Jan. 10, 2005). "A History of Race Relations in Malaysia". Malaysia Today.
- ^ "Kawasan Kebun". Retrieved Feb. 19, 2006.
- ^ a b c Massard, Josiane L. (1988). "Are Malaysian land settlers (new) peasants? Antropological observation of a nascent Community". Retrieved Feb. 19, 2006.
- ^ "Kawasan Perkampungan". Retrieved Feb. 19, 2006.
- ^ Sbaran, Mohammad Shatar (2001). "MALAYSIA". Retrieved Feb. 19, 2006.
- ^ "The National Auctioneer". (Sept. 3, 2005). Malaysia Today.
Malaysia Today is a Malaysian news website. ...
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