Malaysia will spend up to RM3bil to increase timber plantations in a bid to ensure the sustainability of wood-related industries. Deputy Prime Minister Tan Sri Muhyiddin Yassin said that they hoped to increase timber plantations to 375,000ha by 2020. "We need to ensure the sustainability of the raw material for the wood industry. This industry is important for the country as it generated RM20bil in exports last year," he said.The wood industry contributed 14.1% of exports for the commodity industry totalling RM141.2bil last year, he told reporters at the launch of the Glu Laminated Timber gallery in Johor Baru here on Tuesday. He said that, so far, RM600mil had been spent on programmes to increase timber plantations nationwide.
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