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20 farmers from the asnaf, B40, and veteran communities in Perlis received RM100,000 through the iTEKAD grant to cultivate MD2 pineapples. Agrobank President/CEO Datuk Tengku Ahmad Badli Shah Raja Hussin stated the grant provides capital and access to contract farming, with each participant receiving RM5,000 for equipment to farm a five-acre plot leased from FGV. Agrobank also offers financing up to RM280,000. The RM24 million contract farming project, in partnership with Aqina Fruits Sdn. Bhd., aims to boost national pineapple production and exports, potentially establishing Perlis as a premium pineapple hub. The iTEKAD initiative also includes micro-financing and financial training.
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