New biz model for NFC in three months


Malaysia’s Ministry of Agriculture and Agro-Based Industry will introduce a new business model for the failed National Feedlot Corporation (NFC) in three months’ time. Minister Salahuddin Ayub said the new initiative will be undertaken in a holistic manner to enhance the production of local meat (beef) to 30% in the future.

\He said the new business model will ensure the objective of increasing local meat production is realised. Views from multiple stakeholders will also be considered in drafting the new modus operandi.


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