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Mat Sabu: Reverse investment can boost food supply

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KUALA LUMPUR: The government aims to explore the potential of reverse investment (RI) in the agrofood and agriculture sectors to help enhance the sources and supply of food for the country.

Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said that for the time being, the ministry had provided a general guideline for investors – especially private companies – interested in investing via RI abroad.

“The concept and interpretation of RI in the context of agrofood is on the exploration and expansion of local investment abroad in which agricultural activities could be carried out as joint venture or in partnership in the country concerned. Mohamad said countries found suitable for RI to produce cattle, buffalo, goat and sheep meat are Indonesia, Australia, Thailand, Papua New Guinea, Pakistan and India, while Indonesia was ideal for maize and other animal feed production.

 

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