Business Investment Opportunities in Miri

Kenaf plantation located in Miri, supported by a government initiative. - The business sells new kenaf seeds to the government at MYR 40 per kg, creating a steady revenue stream. - The plantation covers 143 hectares of owned agricultural land, ensuring large-scale production capabilities. - The supplied processed kenaf core is further manufactured into animal food pellets, and cater to local animal breeders who are ready buyers for the product. - Future plans include processing kenaf stems into activated carbon, targeting overseas clients for export opportunities. - The plantation has a robust harvesting cycle, collecting seeds and kenaf stems up to 9 times a year, enhancing productivity. - There has been a significant growth in sales this year as compared to last year because the project just took off last year, and we were doing it on a very small scale, and now we are doing multiple bulk supplies to the government. We are also planning on expanding to start supplying to local breeders directly and exporting. - The business has SSM registration.