July 27, 2020
Malaysia's Dutch Lady acquires 32.59 acres of land to expand output
Malaysia's Dutch Lady Milk Industries Bhd (DLMI) announced the expansion of its manufacturing capabilities with the acquisition of 32.59 acres of industrial land in Bandar Baru Enstek, Negeri Sembilan, Malaysia for RM56.79 million (US$13 million) which it aims to complete by this year.
DLMI managing director Tarang Gupta said the company was still in the process of purchasing land in Negeri Sembilan for its future manufacturing facility as preparation to play a greater role in supporting the government's food security measures which were impacted by the COVID-19 pandemic.
"The new facilities located in a HALMAS technology park are expected to be advantageous for the company's long-term expansion plans in Malaysia as well as for future corporate earnings. This is part of our on-going plans of ensuring sustainable growth in all our business activities and the land acquisition is a key step towards realising our goals and is expected to help propel the local dairy and halal industries which are key to food securitisation," Gupta said in a statement.
DLMI is a strong partner of the government's efforts through the Dairy Development Programme and Farmer2Farmer Programme where expert Dutch dairy farmers were specially flown from the Netherlands to transfer skill and knowledge to the local dairy farmers to improve the quality and quantity of local raw milk.
"Partnering the Ministry of Agriculture and Food Industry and the Department of Veterinary Services (DVS) are some good examples of DLMI's commitment towards developing the local dairy industry and re-investing back into the economy. So far, a total of 15 FrieslandCampina Dutch member farmers have trained 466 farmers on farming practices and by doing so, the Farmer2Farmer Programme was able to improve the productivity and livelihoods of local farmers as well as the quality and volume of local milk production," Gupta said.