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The cocoa industry contributes as much as RM8.2 billion to the country’s export revenue. In 2023, Malaysia produced 270 tonnes of cocoa beans while importing as much as 533,000 tonnes of cocoa beans. He said MCB will implement a 350-hectare new cocoa plantation project and a 2,126-hectare cocoa plantation rehabilitation project with an allocation of RM9.5 million.“I hope this initiative can produce an economic spillover effect and intensify economic activities along the supply chain. Subsequently, grinders in Europe will continue to depend on this country to supply cocoa beans due to the suitable climate and weather,” he said.
“This is the latest farming venture by Nestle Malaysia to support better and sustainable agricultural practices, contributing to the nation’s food security and improved livelihoods for the farmers.
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