The TSPKS 2.0 Financing Incentive Scheme Program is the scheme provides dedicated funds for oil palm replanting activities for oil palm growers, particularly independent smallholders.
Under this scheme, the funds provided consist of a grant component (50%) and the remaining portion in the form of financing (50%) for independent smallholders.
Eligibility
- Malaysian citizen.
- Applicants aged between 18 – 70 years (at the time of application);
- Total land ownership for oil palm cultivation must not exceed 10 hectares (applicable to
Peninsular Malaysia, Sabah, and Sarawak); - The maximum approved area is limited to 6.5 hectares only (Peninsular Malaysia,
Sabah, and Sarawak); - Oil palm trees must be 25 years old and above, or unproductive.
- Must possess a valid Malaysian Palm Oil Board (MPOB) license for the activity of selling
and transporting fresh fruit bunches (FFB); - Must submit valid land ownership or land tenure documents.
- The planting area must be suitable for oil palm cultivation.
Document Requirement
- A copy of the applicant's identification card;
- Financing Application Form;
- Copy of Malaysian Palm Oil Board (MPOB) Licence for the activity of selling and
transporting fresh fruit bunches (FFB); - Copy of Land Title;
- Other relevant documents related to the above items.
- View Programme Disclosure Sheet
- View all Programme FAQs
- Download the TSPKS 2.0 flyer
- Download the form (TSPKS)
- Download the form (IPPKS)
