Industrial tree plantation a game-changer to revive Sabah’s timber industry
17 Jan 2022KOTA KINABALU, Jan 17 — Industrial Tree Plantation (ITP) is a game-changer to revive Sabah’s timber industry to its former peak production of 12 million cubic metres in the 1980s, said Chief Minister Datuk Hajiji Noor.
He said ITP, an innovative public-private partnership between the Sabah Government and timber industry to reduce and relieve pressure on tropical timber and the forest, is projected to earn RM7 billion per year from timber exports.
Hajiji said, under the ITP initiative, the timber industry players in Sabah’s private sector will plant 80 million trees in 10 to 12 years involving an investment of RM4 billion.