THE 16,374 land owners participating in the Sarawak Land Consolidation and Rehabilitation Authority’s (SALCRA) oil palm plantations will get part of RM100.888 million in dividends in the next few months and another part in July 2012.
Deputy Chief Minister Datuk Patinggi Tan Sri Alfred Jabu Numpang, who is SALCRA chairman, explained that the first payment was timed to enable participants to pay for their children’s educational expenses, while the second would help prevent overspending during Gawai in June.
“Looking at our financial strength, Salcra has enjoyed profits due to prudent management which enabled high production, thus we are able to pay the amount to the participants,” he said in a report by The Borneo Post.
Here’s a bit of a history lesson. SALCRA was officially established on May 1, 1976, as a Government Statutory Body under the Sarawak Land Consolidation and Rehabilitation Authority Ordinance, 1976. The formation of SALCRA was to enable and assist the State Government to achieve the objectives of the New Economic Policy (NEP), particularly concerning the eradication of poverty.
The idea to set up SALCRA came during the Mid-Term Review of the Second Malaysia Plan (1971-1975), when Sarawak decided to form another statutory body with the objective of developing and managing Native Customary Rights (NCR) land.
It was thought that development of NCR land would be an appropriate strategy to bring about socio-economic development to the rural areas, hence, enabling the participation of rural communities in the mainstream of Sarawak’s development.
Now thanks to SALCRA, NCR land — which would have been idle, underutilised or underdeveloped — have been transformed into productive oil palm plantations, generating long-term income for SALCRA participants.
It has definitely created new job opportunities and improved the standard of living for rural folk, opening up new areas and ensuring a better future for generations to come.
At present some 51,000 hectares have been planted with oil palm, with 40,908 hectares already mature.
Datuk Patinggi Jabu said this year’s Fresh Fruit Bunches (FFB) are projected to reach 601,000 tonnes, an increase of 18,000 tonnes from last year, with total FFB production for the 10-month period at 491,275 tonnes.
He also echoed the advice of Chief Minister Pehin Sri Abdul Taib Mahmud for the SALCRA participants to use the money wisely by investing in their children’s education, so that they can have a future as part of the Sarawak Corridor of Renewable Energy (SCORE).
The Borneo Post’s story:
Salcra to pay out RM100.888mln in dividends
KOTA SAMARAHAN: Sarawak Land Consolidation and Rehabilitation Authority (Salcra) will pay RM100.888 million in dividends early next year.
Deputy Chief Minister Datuk Patinggi Tan Sri Alfred Jabu said the amount would be divided among the 16,374 land owners who participated in Salcra oil palm plantations.
“Looking at our financial strength, Salcra has enjoyed profits due to prudent management which enabled high production, thus we are able to pay the amount to the participants,” Jabu, who is Salcra chairman, told a media conference at Salcra headquarters here yesterday.
He had earlier chaired Salcra 87th Board of Directors meeting at the headquarters.
Jabu explained that only participants with mature estates were entitled to receive the payment, and not those who had just started.
The Rural Development Minister pointed out that the payment would be split into two – one in early next year and the other in July – and he hoped recipients would use their dividend wisely, taking into account the educational welfare of their children.
“We (Salcra) chose to pay the dividend by early next year because we are aware that parents need money to register their children at schools,” Jabu said.
He added that Salcra did not want to see the participants face financial burden when they send their children to schools.
The Modernisation of Agriculture Minister went on to say that the second payment in July was to prevent overspending by some participants during Gawai.
“Again, we do not want to see the participants face financial burden after Gawai, that is why we chose July. We see education as a very important factor for the society and state to progress,” Jabu said.
He added that Salcra Board of Directors always heed Chief Minister Pehin Sri Abdul Taib Mahmud’s advice, so that the participants could use the dividends for their children’s education in the effort to develop Sarawak Corridor of Renewable Energy (SCORE).
Meanwhile, Jabu said the production of Fresh Fruit Bunches (FFB) this year was projected to reach 601,000 tonnes, an increase of 18,000 tonnes from last year.
According to him, total FFB production for the 10 months period was 491,275 tonnes.
He disclosed that some 51,000 hectares had been covered with oil palm, where 40,908 hectares were already mature.
Also at the conference were Salcra general manager Datu Vasco Singkang and deputy manager Anthony Noges.