Perak Academy marked its 10th Anniversary by organising the Transfer of Technology Seminar and Exhibition 2012 in conjunction with Malaysian Palm Oil Board (MPOB) in Kinta RiverFront Hotel.
In his welcome address, Lee Chee Meng, Chairman Board of Governors, Perak Academy said that the aim of the seminar is to introduce investment opportunities available in the oil-palm based technologies. Consumption of oil palm has increased and there is growing competition from other producers. There are also other issues such as environmental, land use and labour shortage.
Dr A. Kushairi Din, MPOB Deputy Director General, informed the audience that more than 40 technologies related to oil palm plantations have been launched by the Board. They include farm mechanisation, biomass, biofuel, farm based food products, oleo chemicals and palm-related nutraceuticals (food products) which were displayed at the exhibition. It is up to the industry players and entrepreneurs to adopt the new technologies and commercialise the products. The seminar offers an opportunity to explore and discover new investment potentials.
Dato’ Hamidah Osman, Chairman, Committee for Investment who officially opened the seminar said that oil palm takes up about 70% of agricultural land use in the country and is the fourth largest contributor to the national economy. Perak is the third largest state in oil palm cultivation in Peninsular Malaysia and has the second largest number of smallholders.
Six papers were presented at the seminar highlighting various aspects of oil palm cultivation including livestock integration in the plantations.