KUCHING, Oct 31: Sarawak is eyeing higher-value downstream timber products as wood pellet exports soar from RM400,000 in 2021 to RM179 million in 2025.
According to a report by TVS, Deputy Premier Datuk Amar Awang Tengah Ali Hasan said the sharp increase offered room for further growth in the timber industry.
He said Sarawak should focus on value-added products to maximise its forest resources and generate higher economic returns.
“In 2021, our export value was only RM0.4 million. In 2025, the export value of our pellets increased to RM179 million.
