Press Release – “STA AND STIDC TO COLLABORATE TO REVIVE THE TIMBER INDUSTRY”

A meeting between Sarawak Timber Association (STA) plywood members and Sarawak Timber Industry Development Corporation (STIDC) was chaired by Tuan Haji Hashim bin Haji Bojet, STIDC General Manager on 16 October 2019. The 15-member delegation from STA was led by Dato’ Sri Patrick Wong Haw Yeong, STA Permanent Council Member. The objective of the meeting was to discuss the critical issues faced the timber industry and how best the state government and STA members can work together to overcome the challenges faced.

The biggest market for Sarawak plywood manufacturers is Japan. However, Sarawak is gradually losing its market share to countries such as Indonesia, Vietnam and China who are able to sell plywood at cheaper price. On top of that, production of domestic plywood in Japan is increasing, incentivised by the Japanese Government.

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