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Takeover of NFC project to be finalised soon - Salahuddin

The acquisition of the National Feedlot Centre (NFC) project will be finalised soon, after taking into account its legal implications to the Agriculture and Agro-Based Industry Ministry.

Its minister Salahuddin Ayub said there were still ongoing talks between the ministry and the companies that had expressed interest in the project.

"So far, there are there are two or three companies that are interested, but only one (company) is serious.

"We will look at the legal implications on the ministry. If it goes smoothly and the company can refund the RM250 million (which is the government's loan to NFC earlier) to the ministry, why not (approve the takeover)?”

He told this to reporters after the launch of the "MyGreenTeam" programme, a project in collaboration with the Farmers’ Organisation Authority (LPP) and the Education Ministry at Sekolah Menengah Kebangsaan Dato' Penggawa Barat, Pontian today.

Also present were LPP chairperson Mazlan Alima, its director-general Azulita Salim and a representative of the Johor state education director, Yusman Jamsir.

- Bernama