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The Federal Land Development Authority (more commonly referred to as FELDA) is a Malaysian government agency handling the resettlement of rural poor into newly developed areas. It focuses on opening smallholder farms growing cash crops. FELDA's schemes are generally open only to ethnic Malays, who form a majority of the Malaysian population. As of 2000, FELDA has about 9,000 square kilometres of land in cultivation, most of them oil palm estates. Although FELDA is mainly pre-occupied with alleviating rural poverty through resettlement, it reportedly holds a minority stake in some major Malaysian banks. (...) more....
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