Malaysian Palm Oil Board: Vision, Mission, Strategies & Policy

Vision

To become the premier Nobel Laureate – producing research and development institution, providing leadership and impetus for the development of a highly diversified, value-added, globally competitive and sustainable oil palm industry.

Mission

To enhance the well-being of the Malaysian oil palm industry through research, development and excellent services.

Strategies

• Expand and improve the current uses of oil palm products.
• Find new uses for the products.
• Improve production efficiency and quality of products.
• Optimize land utilization in oil palm areas.
• Promote the use, consumption and marketability of oil palm.

Policy

• To adopt strong market and industry-oriented research and development programs.
• To aggressively undertake transfer of technologies and commercialization of research results.
• To forge and active partnership in technology development and utilization with the private and public sectors.
• To strengthen international linkages and research collaboration in selected areas.
• To promote global awareness, appreciation and demand for Malaysian oil palm and products.

Malaysian Palm Oil Board: Introduction & Operations

Introduction 

Malaysian Palm Oil Board (MPOB) is a premier government agency under the Ministry of Plantation Industries and Commodities, entrusted to serve the country’s oil palm industry. Its main role is to promote and develop national objectives, policies and priorities for the well-being of the Malaysian oil palm industry.

It was incorporated by an Act of Parliament (Act 582) and established on May 1, 2000, taking over, through a merger, the functions of the Palm Oil Research Institute of Malaysia (PORIM) and the Palm Oil Registration and Licensing Authority (PORLA). Each of these respective organizations has been involved in the oil palm industry for more than 20 years and it is to render more effective services as well as to give greater national and international focus to the industry that MPOB was instituted. 

Operations

The thrust of MPOB’s activities is on Research and Development (R&D). A whole spectrum of R&D work ranging from upstream production to downstream processing is carried out by the various research divisions and is also being supported by non-research divisions.

Expanding The Palm Oil Industry In Malaysia

The government remains committed to increasing and improving the country's palm oil sector, the Performance Management and Delivery Unit (Pemandu) in the Prime Minister's Department said in its 2012 Annual Report of the Economic Transformation Programme (ETP).

The Palm Oil National Key Economic Area (NKEA), Malaysia's most important commodity is expected to contribute from RM125 billion to RM178 billion to the Gross National Income (GNI) and create about 41,600 jobs by 2020, with the government's focus on eight Entry Point Projects (EPPs).

It said palm oil production has surged in recent decades, owing to the success and support of research and development activities in developing higher-yielding, top quality crops by the Malaysian Palm Oil Board (MPOB). The eight EPPs have been outlined by the government under the palm oil NKEA to drive the sector's growth and its role as a central element of the national economy.

This week Business Circle talks to Tan Sri Dato' Seri Lee Oi Hian - Chief Executive Officer of Kuala Lumpur Kepong Berhad and Ku Kok Peng - Director, Palm Oil & Rubber, NKEA & ETP Investment, PEMANDU on the possibilities available for Malaysia through Palm Oil Industry.