Tuesday, February 12, 2013

AGDB To Invest RM50,000 To Cultivate Sugar Cane, Okra

HULU TERENGGANU, Feb 10 (Bernama) -- AGDB Venture Sdn Bhd, a company owned by graduate entrepreneurs in Kuala Berang, plans to further strengthen its economy by cultivating sugar cane and okra on a reserved land area around a pond where it is already rearing fish seedlings for business.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=927324
Published: February 12, 2013

The Bumiputera company expects to invest RM50,000 on the project which will take off next month and bring in additional income for the company.

Its Managing Director, Mohd Romzi Abdullah, said from the investment, RM30,000 will be spent on planting sugar cane and the remaining RM20,000 on okra or brinjal.

"This latest project for extra income follows the rearing of keli, patin, baung and talapia fish," he told Bernama here today.

On the sugar cane project, he said about 20,000 seeds brought from Johor would be planted and this was expected to produce about 100,000 stalks.

"Normally, sugar cane can be harvested within eight to nine months when it is matured and it can fetch a price of between RM1 and RM1.20 per stalk."

Marketing of the produce would be done by the company itself and this could be both the fresh stalks or in the processed form to schools and students in higher learning institutions, Romzi said.

As for the okra, he said the planting would cover one acre of the reserved area at the fish pond in Ajil here and also another area in Bukit Payong, Marang.

"We already have 5,000 okra seedlings ready for planting and the produce would be marketed around the Kuala Terengganu area when they are ripe in three months time."

On the company's fish rearing, Romzi said one million seedlings comprising baung, keli, talapia and patin fish are produced every year to be supplied to government departments and agencies.

The company currently has seven fish rearing ponds with all of them located in Ajil and Bukit Payong.

-- BERNAMA

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