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LOCAL TIMBER MARKET HAS ESTIMATED POTENTIAL OF RM7 BLN REVENUE ANNUALLY.

BERNAMA The Malaysian National News Agency

| September 30, 2010 | COPYRIGHT 1999 Bernama - Malaysian National Agency. (Hide copyright information)Copyright

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Sept 30 (Bernama) -- The timber market in Malaysia has potential to reach about RM7 billion revenue annually, according to Forest Research Institute Malaysia's forest product division officer Dr Tan Yu Eng.

However, the figure is currently below that because of the focus on the export market, Tan said although he did not mention the current value of the domestic timber market.

He said this at the Malaysian Timber Council (MTC) Timber Talk Series entitled "Timber -- A Reliable Structural Material?" which was attended by about 70 participants from various organisations yesterday.

The talk was part …

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