
IOI Group ventured into oil palm plantation
business in 1983. Today, the Group has 79 estates with total plantation area at
167,875 hectares with 99% of the estates' planted area being planted with oil
palm.
Approximately 68% of the Group's plantation holdings are in the state of
Sabah with the remaining 32% in Sarawak and Peninsular Malaysia, mainly in the
central and southern parts of the Peninsular. The Group's plantation produce are
principally processed by its own 12 palm oil mills with an annual milling
capacity of approximately 3,900,000 tonnes of fresh fruit bunches.
The Group's plantation business strong growth in a short span of 23 years
since 1983 was achieved not just through acquisitions whenever opportunities
arises, but also because of its distinctive plantation management practices that
emphasise greatly on continuous improvement in yields and in cost efficiencies
which enable us to be one of the most cost effective producers in the industry.
Its achievement on productivity is the result of years of concerted effort and
commitment to good plantation management practices.