business

Kulim-Rhone Ma JV appointed by ECERDC to develop dairy farm in Johor

KUALA LUMPUR: A Kulim (Malaysia) Bhd-Rhone Ma Holdings Bhd joint venture has been appointed by the East Coast Economic Region Development Council (ECERDC) to develop, operate and manage a dairy farm in Johor.

The JV, Jemaluang Dairy Valley Sdn Bhd, will develop, operate and manage a 275-hectare dairy farm in Jemaluang, Mersing.

Kulim said Jemaluang Dairy would leverage the strengths of the company and A2 Fresh Holdings Sdn Bhd (A2 Fresh) to develop a world-class dairy project that met the highest standards of quality, safety and sustainability.

Kulim is the agribusiness arm of Johor Corporation, while A2 Fresh is a subsidiary of Rhone Ma, an end-to-end animal health solutions provider.

Kulim will be the largest shareholder in Jemalauang Dairy with a 65 per cent stake while the remaining 35 per cent will be held by A2 Fresh.

"We are excited to have been appointed by ECERDC to bring our vision for a high-quality dairy project in Jemaluang to life," said Kulim director Mohd Faris Adli Shukery said in a statement today.

"With our combined expertise and resources, we are confident that Jemaluang Dairy will be a success and make a positive contribution to the local community and the agriculture sector," he added.

A2 Fresh director Dr Lim Ban Keong said it was delighted to partner with Kulim to create a dairy project that will produce high-quality, nutritious dairy products for Malaysians.

"We look forward to developing a sustainable, innovative and customer-centric business that delivers long-term value to all stakeholders."

Jemaluang Dairy aims to produce 5.4 million litres of fresh milk annually, leading to a 10 per cent increase in the national production of fresh milk over three years. This is expected to lessen the country's dependence on imported fresh milk.

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