FGV Annual Report 2015

60 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 That is what first inspired us to set up an Research & Development (R&D) and Agri-Services centre over 40 years ago. Today, it is one of the largest of such establishments for oil palm research in the world and has long pioneered the cultivation of world-class oil palm planting materials. Our latest activity is on producing planting materials of specific traits that includes high yielding, disease tolerant and drought resistant palms. REVENUE CONTRIBUTION profit before tax 3% R&D and Agri- Services Cluster • FGV R&D and Agri-Services Sdn Bhd • FGV R&D Sdn Bhd • FGV Applied Technologies Sdn Bhd • Felda Agricultural Services Sdn Bhd • FPM Sdn Bhd WE Innovate KEY GROWTH TARGET: To be the world’s pre-eminent R&D Centre of Excellence for palm oil by 2020 Breeding for disease- resistant High- yielding oil palm RM37.06million