Wood-based exports to reach RM25 billion

KUALA LUMPUR: Malaysia’s wood-based product exports is expected to exceed RM25 billion by 2020 in line with the advancement of automation technology, innovation and e-commerce participation by timber-related industry players.

Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong said the target set allows policymakers and industry players to form and execute detailed plans within the next three years, without marginalising the upstream and downstream industry stakeholders.

“We have agreed that this is a realistic target. To strengthen the industry, the committee of the National Timber Industry Policy (NATIP) will be reformed to ensure all issues and challenges can be addressed and resolved,” he told reporters after delivering his closing speech at the two-day NATIP Revisit Lab meeting yesterday.

The committee, Mah said, will be chaired by the ministry’s Secretary-General Datuk K Yogeesvaran.

Elaborating on e-commerce, he said 200 timber-based companies involved in the upstream and downstream business are expected to participate in the Alibaba.com platform, whereby they would be targeting exports to countries which had free trade agreements (FTAs) with Malaysia.

“This is among our marketing strategies and hope more skilled manpower with the right knowledge and innovation would bring more vibrancy to the industry.

“Besides, we also want to change the perception of this industry from being a ‘3D’ or  dirty, dangerous and difficult, to a fashionable and passionate sector, which the younger generation would want to join,” said Mah.

This year, Malaysia’s wood-based exports are expected to reach RM24 billion compared to RM22 billion recorded in 2016.

Up until June 2017, wood-based export products were valued at RM11.5 billion, an increase of 5.2 per cent against the same period a year ago.

The NATIP Revisit Lab which ended today was conducted for the first time since NATIP’s implementation in 2009, and involved 160 participants, including stakeholders, skilled manpower, innovation and technology, as well as sustainability issues. — Bernama




Source: http://www.theborneopost.com/2017/08/26/wood-based-exports-to-reach-rm25-billion/

Search

Calendar

Top

Google+
Follow @partigerakan