Kementerian Perusahaan Perladangan dan Komoditi (KPPK) | |
Ministry overview | |
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Formed | 2004 |
Preceding Ministry | |
Jurisdiction | Government of Malaysia |
Headquarters | No. 15, Level 6-13, Persiaran Perdana, Precinct 2, Federal Government Administrative Centre, 62654 Putrajaya |
Employees | 299 (2017) |
Annual budget | MYR 446,892,000 (2017) |
Minister responsible | |
Deputy Minister responsible |
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Ministry executives |
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Website | www |
The Ministry of Plantation Industries and Commodities (Malay: Kementerian Perusahaan Perladangan dan Komoditi), abbreviated MPIC, KPPK, is a ministry of the Government of Malaysia that is responsible for plantation and commodities: palm oil, rubber, timber, furniture, cocoa, pepper, kenaf, tobacco.
The Ministry of Plantation Industries and Commodities is responsible for administration of several key Acts:
The plantation and commodities sector, comprising oil palm, rubber, timber, cocoa, pepper and tobacco has contributed significantly to the country’s economic development for the past 50 years. Since then, the sector has become one of Malaysia’s major exports earnings. Exports values of these commodities and commodity based products in 2012 was RM 127.5 billion, constituted 18.2 per cent of total export earnings.
The remunerative price of commodities throughout 2012 has benefited the country, in particular the smallholders. The future of plantation industries and commodities sector remains bright and promises a lot of opportunities.