What does it take to achieve RM53 billion of timber product export by 2020?

Abstract

The Malaysia's wood-based industry is expected to contribute substantially to national income earning through value-added products such as furniture, mouldings, panel products as well as builders' joinery and carpentry. During the Second Industrial Master Plan (IMP2, 1996Ð2005), it was recorded that the total export value of wood-based products increased by an average annual rate of 5.7% from RM12.8 billion (1996) to RM 21 billion (2006) with the significant increase evidenced in panel products. Based on that remarkable growth, Third Industrial Master Plan (2006Ð2020) outlined that exports of wood-based industry are targeted to rise at an annual rate of 6.4% to reach RM53 billion by 2020. (Résumé d'auteur