KUALA LUMPUR, March 18 — The Federal Land Development Authority (Felda) and the Terengganu state government today signed a settlement agreement to streamline the land ownership...
Anwar wins bid to strike out legal challenge over PM and Tambun MP posts, judge rules Waytha Moorthy has no case Felda and the Terengganu state government today signed a settlement agreement to streamline the land ownership status of commercial plantations in six districts in the state.
— Picture by Choo Choy Mayand enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! T&Cs apply.KUALA LUMPUR, March 18 — The Federal Land Development Authority and the Terengganu state government today signed a settlement agreement to streamline the land ownership status of commercial plantations in six districts in the state. In a statement, Felda said the districts involved are Besut, Setiu, Dungun, Hulu Terengganu, Marang and Kemaman. It said the move marks a continuation of long-standing cooperation between both parties since 1969 under the Land Development Schemes Agreements , based on the Land Act 1960 . “The settlement will generate economic returns and benefits for the Felda community as a whole, in line with efforts to strengthen their socio-economic development and well-being,” the statement said. Felda also expressed appreciation to the federal government for acting as the main facilitator, as well as to the Terengganu state government and other parties involved in finalising the agreement. “The close cooperation between the federal and state governments, as well as Felda, has been the key driver in achieving this amicable resolution, reflecting effective governance in the interest of the people,” it said. Previously, the Terengganu state government issued notices prohibiting encroachment on land cultivated by Felda involving 10 plantations covering about 15,000 hectares. It had claimed the land was developed without payment of premiums, taxes or profit-sharing for over 40 years.
Settlement Agreement Commercial Plantations Land Ownership Status Socio-Economic Development Land Development Schemes Agreements
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Felda and Terengganu Government Sign Agreement to Streamline Land OwnershipFelda and the Terengganu state government have signed a settlement agreement to clarify the land ownership status of commercial plantations across six districts. This agreement is expected to boost economic returns and improve the socio-economic well-being of the Felda community.
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