Malaysia has outlined an ambitious plan to decrease its dependence on imported food by half by 2050 in an effort to bolster national food security. This objective arises as the nation grapples with an annual food import expenditure hitting around 80 billion MYR, or approximately US$20 billion, as per the statement of Ahmad Zahid Hamidi, Deputy Prime Minister and Minister of Rural and Regional Development, on July 4.
The strategy is set to be executed in stages, with intermediate milestones set at a 15% reduction by 2030 and just over 30% by 2040, before eventually realizing the ultimate aim by 2050. Hamidi stated that the strategy would focus on maximizing the use of underemployed and unused land owned by branches under the Ministry of Rural and Regional Development. This land would be transformed into agricultural and livestock production areas in order to increase domestic food production capacity.
Hamidi further elaborated that the food security program has been active for the past three years and has already contributed to stabilizing prices, specifically through broiler chicken and egg production initiatives.
Hamidi emphasized that the purpose of the plan is not to rival commercial producers. Instead, its primary focus is to guarantee an ample domestic supply and reduce price fluctuations. By increasing local production, Malaysia aims to obtain a more reliable and sustainable food source, reducing its vulnerability to global market changes and potential supply chain disruptions.
What is Malaysia’s goal with respect to imported food?
Malaysia aims to cut its reliance on imported food by 50% by 2050 in order to enhance national food security.
How does the country plan to achieve this objective?
Malaysia plans to utilize underused and idle land owned by agencies under the Ministry of Rural and Regional Development, converting it into agricultural and livestock production zones.
What is the purpose of this initiative?
The goal is to ensure a sufficient domestic food supply and reduce price volatility, not to compete with commercial producers.
