Malaysia to raise annual latex production by 30% | The Malaysian Insight

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Malaysia to raise annual latex production by 30% | The Malaysian Insight
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Malaysia to raise annual latex production by 30%

Plantation and Commodities Minister Fadillah Yusof says Malaysia’s annual import of latex is valued at RM3 billion. – The Malaysian Insight file pic, August 5, 2023.

Fadillah, who is also plantation and commodities minister, said the government has already introduced the latex production incentive , which is under the Malaysian Rubber Board’s supervision. “This measure will also help the nation reduce its dependency on latex imports valued at some RM3 billion annually,” he told the media during a visit to the Kampung Kuala Sawah Rubber Collection Centre in Rantau, Negri Sembilan, today.

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