TANAH MERAH, March 13 — The government has allocated RM500 million for phase two of the Forest Plantation Development Programme 2021-2025 for entrepreneurs who are interested in venturing into the industry.
“For phase two, we have received applications from entrepreneurs and they are in the approval process. “The aim of this programme is to reduce the dependence of the country’s timber industry on natural forests, to ensure the development of the industry, and that sustainable timber resources in the future are derived from these forest plantations,” he said.
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