Felda
Investment Corporation Sdn Bhd (FIC), was incorporated by Federal Land Development Authority (FELDA) on 2 July
2013.
FELDA
was established on 1 July 1956 under the Land Development Ordinance of 1956 for
the development of land and relocation
with the objective of poverty
eradication through the cultivation of oil palm and rubber.
FIC,
wholly owned by FELDA, was established as the investment arm of FELDA, aims to
ensure sustainable and reasonable growth
in order to generate returns to its
shareholder. FIC’s role is to undertake business activities which are
non-plantation related and at present,
FIC is principally involved in the areas
of property development, hospitality and other strategic investments.