It therefore comes as no surprise that the timber sector is an important socio-economic contributor to the country, as it is among the country’s top three gross domestic product contributors in the commodity sector, while at the same time attracting both foreign and domestic direct investments.
From January to November 2020, timber-based products contributed 14.9% to the export of commodity products. Although total exports fell 3.3% to RM19.8bil year-on-year, the results still reflect the resilience of the sector and its importance to Malaysia’s economy, especially when seen against the backdrop of the pandemic’s ongoing impact on the world economy.
It was the fourth largest exporter of plywood, the sixth largest for both wooden furniture and frames, eighth largest for mouldings and 10th largest for sawn timber in 2019. It is also the top 20 exporters for fibreboard, builders’ joinery and carpentry and veneer globally.
And did you know that we'll lose the forests & jungles if we let these motherf**king timber tycoons rape Mother Earth? Talk about f**king the human race into extinction TrustNoOne
Stop cutting down trees!!!🤦🏼♂️
Is it worth it? This industry is taking away our green lungs & natural water storage. The timber tycoons' future generations will have to live with polluted air and floods.
Yeah cut trees Thats the only think these morons know how to make money