Timber And Logging Companies in Malaysia
Malaysia is a country with a long history of forestry and logging. The first commercial logging concession was given out in 1824, and since then the industry has grown to become a major part of the Malaysian economy. Today, there are over 1,000 timber and logging companies in Malaysia, employing tens of thousands of people.
The timber and logging industry in Malaysia is regulated by the Malaysian Timber Industry Board (MTIB). The MTIB sets quotas for how much timber can be harvested each year, and issues licenses to companies that want to operate in the industry. The board also works to promote the sustainable management of Malaysia's forests.
The timber and logging industry contributes a significant amount to the Malaysian economy. In 2016, the industry was worth RM 12.4 billion (US$3.1 billion). The vast majority of timber harvested in Malaysia is used for construction purposes, and the timber industry is a major supplier of construction materials in the country.
Despite its importance to the Malaysian economy, the timber and logging industry has come under criticism in recent years. Environmentalists have accused the industry of contributing to deforestation and the loss of habitat for endangered species. The industry has also been accused of illegal logging and of using child labor.
The
The timber and logging industry in Malaysia is regulated by the Malaysian Timber Industry Board (MTIB). The MTIB sets quotas for how much timber can be harvested each year, and issues licenses to companies that want to operate in the industry. The board also works to promote the sustainable management of Malaysia's forests.
The timber and logging industry contributes a significant amount to the Malaysian economy. In 2016, the industry was worth RM 12.4 billion (US$3.1 billion). The vast majority of timber harvested in Malaysia is used for construction purposes, and the timber industry is a major supplier of construction materials in the country.
Despite its importance to the Malaysian economy, the timber and logging industry has come under criticism in recent years. Environmentalists have accused the industry of contributing to deforestation and the loss of habitat for endangered species. The industry has also been accused of illegal logging and of using child labor.
The
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