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China plans to buy an additional 1.9 million tonnes of palm oil from Malaysia over the next five years and invest at least RM2 billion in a biojet fuel plant, Malaysia's Primary Industries Ministry said on Thursday.
The plans are outlined in a memorandum of understanding signed between the China Chamber of Commerce of Foodstuffs and Native Produce and the Malaysian Palm Oil Council in Beijing, according to a ministry statement.
The plans are outlined in a memorandum of understanding signed between the China Chamber of Commerce of Foodstuffs and Native Produce and the Malaysian Palm Oil Council in Beijing, according to a ministry statement.
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- TV Saluran - TV Channel
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