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So in his home-town of Pekan yesterday (Aug 23) PM Najib gave his third commandment to government agencies,GLCs and those hwo have benefited from government initiatives.
First, he ordered the recluse Ananda to ship back MAXIS for a re-listing on Bursa. Then he took Sime Darby to task. List your plantation arm and get rid of losing yet prestigious businesses like the fanciful motor-trade.
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Today, prior to the potential listing of FELDA,the largest government initiated land scheme, the PM wants the country's three biggest agriculture agencies to form a consortium to carry out high-impact downstream activities.
He was bullish in his belief that the cooperation between Felda, Risda and Felcra could multiply profits for the three government agencies, besides eradicating poverty more effectively.
The three affected agencies have been ordered to put up their the joint-venture concept for acceptance and implementation.
He said, even though "the three remain as separate agencies, projects can be carried out together through a consortium".
Najib suggested that the three agencies can focused on areas like plantation and industrial plant management.For example, he said, they could set up a fertiliser plant or palm oil mill, the use of which could be shared by the Felda, Risda and Felcra scheme participants. The result would then provide bigger economic benefits to be shared .
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