IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Oct 2015 | Removal date: open ended
Still in force

Financial grant

On 1 October 2015, the Malaysian Palm Oil Board introduced the Oil Palm Replanting Scheme Incentive 2015 for large-scale replanting initiatives across the country. The scheme has a budget of RM 100 million (USD 23.29 million) and aims to provide grants for a total of 83,000 hectares.
The grants are disbursed on a first-come-first-served basis. Applicants for the first 33,000 ha will receive a grant worth RM 1,500 per ha (ca. USD 349.31). Applicants for the remaining 50,000 ha. will receive RM 1,000 per ha (ca. USD 232.87).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151110 Crude oil
151190 Other

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