Strategic Rice Stockpile Ensures Greater Stability
Rice is our primary staple food and an instrumental food crop that ensures our national food security. We have come a long way; surmounted many challenges in the past and emerged better prepared to face the future.
Under Malaysia’s food security roadmap, the Government regards national food security as being synonymous with rice security. Rice in this country has been given so much importance even since the Colonial times because it has always been associated with our national and socioeconomic stability. Therefore, protecting the industry and delivering a stable, sustained, affordable and quality supply is our paramount concern.
Rice Stockpile Scheme was initiated in Malaysia in 1949 and we have been entrusted to secure and manage the government rice stockpile since 1994. Today, with 31 rice stockpile warehouses nationwide, we will manage and maintain a total of 290,000 metric tonnes of rice reserves at any one time by 2023. They serve as an emergency food supply as well as a mechanism to stabilise supply and rice prices in the country.
The rapid economic growth and rising social expectations have had a significant impact on the patterns of rice production as well as their global demand. However, our perseverance combined with our robust and resilient stockpile management system has ensured national preparedness in response to several global food and financial crisis, as well as the recent pandemic.
Rice Stockpile Scheme was initiated in Malaysia in 1949 and we have been entrusted to secure and manage the government rice stockpile since 1994. Today, with 31 rice stockpile warehouses nationwide, we will manage and maintain a total of 290,000 metric tonnes of rice reserves at any one time by 2023. They serve as an emergency food supply as well as a mechanism to stabilise supply and rice prices in the country.
The rapid economic growth and rising social expectations have had a significant impact on the patterns of rice production as well as their global demand. However, our perseverance combined with our robust and resilient stockpile management system has ensured national preparedness in response to several global food and financial crisis, as well as the recent pandemic.
