Development of the Agricultural Sector
DEVELOPMENT OF THE AGRICULTURAL SECTOR (SUBTOPIC: AGENCIES IN THE AGRICULTURAL SECTOR)
Introduction
The agricultural sector is an important and strategic sector in the Malaysian Economy. It was leading sector at the time of independence in 1957, contributing 33% of the gross domestic product (GDP), 67% of employment and 62% of exports. Industrialization and diversification commencing from the late1950’s, however brought about a decline in the economic role the sector. However, the agricultural sector is still important to the Malaysian Economy.
The role of Agricultural Institution and Agencies
1. FAMA (Federal Agricultural marketing Authority)
The Federal Agricultural marketing Authority (FAMA) is an agency under the Ministry of Agriculture and Agro-Based Industry. It was set up as a statutory body in 30 September 1965. FAMA is responsible in the supervision, coordination, regulation and improvement of the marketing of Malaysian agriculture products which include fruits and vegetables, for domestic, import and export market. Other than that, agricultural products under FAMA service's field are grain and herbal, livestock and aquaculture. There are several functions: * Coordinate agriculture marketing activity both in private sector or department / government agency * Improve marketing system and expand new market of Malaysian agriculture development * Collaborating with private sector and department / government agency to create efficient and effective agriculture marketing system * Develop an efficient management in agriculture industry, marketing activity or agricultural products processing * Involve directly in agriculture industry, especially in marketing activity and products processing.
2. FELCRA (Federal Land Consolidation & Rehabilitation Authority)
Federal Land Consolidation and Rehabilitation Authority was established in 1966. Its objective to develop rural sector by helping its community to
Introduction
The agricultural sector is an important and strategic sector in the Malaysian Economy. It was leading sector at the time of independence in 1957, contributing 33% of the gross domestic product (GDP), 67% of employment and 62% of exports. Industrialization and diversification commencing from the late1950’s, however brought about a decline in the economic role the sector. However, the agricultural sector is still important to the Malaysian Economy.
The role of Agricultural Institution and Agencies
1. FAMA (Federal Agricultural marketing Authority)
The Federal Agricultural marketing Authority (FAMA) is an agency under the Ministry of Agriculture and Agro-Based Industry. It was set up as a statutory body in 30 September 1965. FAMA is responsible in the supervision, coordination, regulation and improvement of the marketing of Malaysian agriculture products which include fruits and vegetables, for domestic, import and export market. Other than that, agricultural products under FAMA service's field are grain and herbal, livestock and aquaculture. There are several functions: * Coordinate agriculture marketing activity both in private sector or department / government agency * Improve marketing system and expand new market of Malaysian agriculture development * Collaborating with private sector and department / government agency to create efficient and effective agriculture marketing system * Develop an efficient management in agriculture industry, marketing activity or agricultural products processing * Involve directly in agriculture industry, especially in marketing activity and products processing.
2. FELCRA (Federal Land Consolidation & Rehabilitation Authority)
Federal Land Consolidation and Rehabilitation Authority was established in 1966. Its objective to develop rural sector by helping its community to