Sabahans are now proud to have two locally made Sabah cooking oil brands, with a third underway.
Sabah is making national headway with its ambition to venture into downstream processing of palm oil, supporting its 10-year Agriculture Blueprint which aims to boost food security locally and provide jobs for youth.
Within a year of launching the Blueprint, Sabah now produces two of its own local cooking oil brands.
The first called “GOLD”, via a joint venture between Sawit Kinabalu Group and Syarikat Intipati Minyak Sdn Bhd in Sandakan.
The launch of “GOLD” brand cooking oil in early-July 2020 follows closely the trail paved by Tawau-based Benta Edible Oil Sdn Bhd, a subsidiary of Benta Wawasan Sdn Bhd (BWSB), with its Benta Enak Sedap Sehat (BESS) brand in early-February 2020.
Could there be more downstream palm oil ventures in the future? It certainly seems so.
Chief Minister Shafie Apdal said there is big demand for Sabah-produced palm oil coming from overseas including the Philippines, Korea, and countries in Africa and the Middle East.
Since international demands are plummeting, the only way to sustain the industry is to consume Sabahans’ own products, rather than depending too much on imported cooking oil.
A third Sabah-owned cooking oil brand is expected to be launched soon in Keningau. Maybe called “ONSOI”.
Presently, Sabah taps into 1.55 million hectares of palm oil plantations centred in the East Coast districts, giving the State big opportunities to spearhead Malaysia downstream palm oil activities.
BESS sells its product at RM5 for a 1kg bottle, RM9 for a 2kg bottle and RM20 for a 5kg bottle, while GOLD cooking oil prices are still unknown.