Cultivation Of Oil Palm Companies in Malaysia

The oil palm industry in Malaysia is a major contributor to the country’s economy, with palm oil exports accounting for more than 10% of the country’s total exports. Malaysia is the world’s second-largest producer of palm oil, after Indonesia, and is expected to become the largest producer by 2020.

The palm oil industry has been a key driver of economic growth in Malaysia, with palm oil production increasing from 2.1 million tonnes in 1980 to 19.7 million tonnes in 2017. The industry employs more than 650,000 people, and is responsible for around 3% of Malaysia’s GDP.

The oil palm industry has come under scrutiny in recent years due to its environmental impact. Palm oil production is a major source of deforestation in Malaysia, with an estimated 1.5 million hectares of forest being cleared for palm oil plantations since 1990.

The Malaysian government has implemented a number of policies to try to address the environmental impact of the palm oil industry, including a moratorium on new palm oil plantations in protected areas, and a requirement for palm oil companies to replant degraded forests.

Despite these efforts, the palm oil industry continues to be a major source of environmental degradation in Malaysia. In order to protect
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