Farmers Can Produce Liquid Gold on
Palm Trees in Bangladesh
In Bangladesh, some people are finding it
challenging to invest their money. Some of them invested in the share market
and faced a huge capital loss in their investment. However, palm oil plantation
is one form of the long-term investment plan that has strong returning possibilities for
sustainable individual and social growth as experienced by the Indonesian and Malaysian
farmers.
Planting Oil Palm in
Bangladesh is a Good Investment
The population of Bangladesh has reached almost 160
million. No doubt, the number will increase exponentially in the near future.
This is a great support for the demand of Palm oil in Bangladesh. Palm oil is
used in manufacturing of numerous consumable products. It is surprising how the
fruits from oil palm plants can be so versatile and useful. The items derived
from palm fruits are ranging from cooking oil, soap and detergents, ice cream,
candles, etc.
Banning of Transfat in the USA
During January 2007, USA banned the usage of
artificial trans-fat on packaged food. Earlier, soybean was treated with
hydrogen to make it more solid and give the soybean oil made food a longer
shelf life. The trans-fat in the hydrogenated soybean oil has been shown to
cause major health risks such as cancer and coronary heart disease when
consumed. Palm oil is the most suitable, good and healthy vegetable oil instead of artificial trans-fat added soybean oil.
Biodiesel to Replace
Fossil Fuel
This is going to be the major push for the high
demand of palm oil in the future. With the current high global crude oil prices,
countries around the world are at the mercy of the petroleum oil producers. One
feasible replacement for fossil fuel is producing biodiesel from palm oil. Bangladesh,
as an agricultural based country oil palm plantation in small, medium and mass
scale is an excellent opportunity that can lift up the economy of the country.