QUOTE(MrFarmer @ Mar 2 2012, 10:22 PM)
Lol, good for Mr Wong. As he has more than 10 years' planting experience, he can term it as lazy man's crop. For newbie like me, am just starting to learn planting tapioca and sweet potatoes
Michael, for the above that is to generate an income of 3K. What if you cost in initial investment like land cost, developmental (land preparation & planting) and transportation (higher over East Malaysia as access road is not as good), then what sort of acreage should we be looking at?
Mr Farmer:Michael, for the above that is to generate an income of 3K. What if you cost in initial investment like land cost, developmental (land preparation & planting) and transportation (higher over East Malaysia as access road is not as good), then what sort of acreage should we be looking at?
Land cost really depends on where you are located. Some land may be really cheap in Sabah or Sarawak, but the access roads and other logistics will literally kill you. More pricey land often has better access roads. I know Sabah Development Corporation is planning on clearing up massive tracks of land around the Ranau region, apparently they are also building access roads to the area. Maybe you could check with them on the Ranau area, or anywhere else they are currently targeting?
Exclusing land cost, according to some of the larger plantations in Sabah and Sarawak, their cost of development is something like RM18,000 + RM10,000 + RM10,000 for the first three years of land preparation and development, including planting cost, creating access roads etc. I can't name those companies, but they are really big, listed companies.
And as far as I can tell you, since Sabah and Sarawak don't have unions for plantations like we do here (I believe there are some push for this though), companies there are not "forced" to pay the wages in accordance to the MAPA-NUPW agreements. However, I believe the government-instilled minimum wage policy will also include plantation companies in Sabah and Sarawak. And on top of that, transportation costs is a lot more higher, and mills are far between, so I would say your minimum acreage should be at least double that in Peninsular. According to the same companies above, it normally takes them to begin earning clean profits after the 12th year of planting, compared to the 8 years in Peninsular (do bear in mind, this includes the cost of buying over the land).
Added on March 4, 2012, 2:53 amytkwong:
Welcome, and thanks for dropping by. Do feel free to browse around and post questions on topics relevant to agriculture and aquaculture. We will get back to you ASAP.
alaskanbunny + ytkwong:
Yes, I know what you mean. Con jobs are aplenty, so companies or individuals really need to do due dillegence before going forwards. Though things might have already changed, in Indonesia, the local laws tend to be more important that the central government laws, it seems. The company I used to work for had thought the central government laws were the only laws to follow when we initially began investing in Indonesia, until we met the local governor who "informed" the company that is many (or rather most) cases, the central government has no control over what the local authority enforces, if you get what I mean. Things like land area, titles etc. may fall under the central government's jurisdiction, but they often work under the advice from the local authorities.
This post has been edited by Michael J.: Mar 4 2012, 02:53 AM
Mar 4 2012, 02:17 AM

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