TDM

TDM has secured a 25,000ha site in Kalimantan for its oil palm plantation project, its CEO Badrul Hisham Mahari said. The company currently has planted over 1,000ha with oil palm trees on the land, he added. “It takes 8-10 years to finish the Kalimantan project, but when fully completed, it will basically double the size of the company,” he said. The company is currently in negotiations to secure another 15,000ha of land to achieve its target to manage 40,000ha of oil palm estate in Kalimantan. (Bernama)