An Evaluation of the Output of Rubber Forest Plantation

The wood based industry is important to Malaysia The timber sector continues to be major contributor to the economic sector, generating about 4.5% of the country's GDP and has a workforce of 240 000 people. Export of timber products amounted to about US$4.5 billion in 1999 or 5.4% of the cou...

Full description

Bibliographic Details
Main Author: Liew, Siong Ching
Format: Project Paper Report
Language:English
English
Published: 2001
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/10082/1/FH_2001_29.pdf
_version_ 1796967867492597760
author Liew, Siong Ching
author_facet Liew, Siong Ching
author_sort Liew, Siong Ching
collection UPM
description The wood based industry is important to Malaysia The timber sector continues to be major contributor to the economic sector, generating about 4.5% of the country's GDP and has a workforce of 240 000 people. Export of timber products amounted to about US$4.5 billion in 1999 or 5.4% of the country's foreign receipts. Downstream manufacturing especially furniture fabrication saw the shift from over-dependence on solid wood from the natural forest species to Rubberwood and panel products such as MDF and particleboard. Presently, about 85% of all wooden furniture exported is made of Rubberwood Rubberwood is the main raw material used for the booming wood-based industry in Malaysia. However, the supply issue of the Rubberwood resource is intensely debated in Malaysia. Wood-based industry claim that there is a shortage of supply, but the related government agencies argue that the short supply is simply due to logistic problem. The implications of Rubberwood sawntimber shortage are far reaching because it affects higher production costs low productivity and inconsistency quality in furniture production. The objective of this study is to evaluate availability of Rubberwood supply for the wood-based industry next few year and also viability of rubber forest plantation. This study found that, the amount of Rubberwood is not enough to support the Furniture Industry in Malaysia. Beside that, from the study examine the viability of investment in establishing short-cycle (15 years) rubber forest plantations fro extraction of both latex and wood as well as that of plantations established solely for extraction of timber, both IIR and NPV value for rubber forest plantations with wood and latex extraction are higher than the plantations with wood extraction. However, Ble Ration for forest plantations with wood extraction is higher than the forest plantations with wood and latex extraction. This means that, we can get more revenue from the plantations with wood and latex extraction. Therefore, the return from the wood only option is poorer than the latex and wood option.
first_indexed 2024-03-06T07:20:05Z
format Project Paper Report
id upm.eprints-10082
institution Universiti Putra Malaysia
language English
English
last_indexed 2024-04-09T03:49:27Z
publishDate 2001
record_format dspace
spelling upm.eprints-100822024-03-12T05:30:45Z http://psasir.upm.edu.my/id/eprint/10082/ An Evaluation of the Output of Rubber Forest Plantation Liew, Siong Ching The wood based industry is important to Malaysia The timber sector continues to be major contributor to the economic sector, generating about 4.5% of the country's GDP and has a workforce of 240 000 people. Export of timber products amounted to about US$4.5 billion in 1999 or 5.4% of the country's foreign receipts. Downstream manufacturing especially furniture fabrication saw the shift from over-dependence on solid wood from the natural forest species to Rubberwood and panel products such as MDF and particleboard. Presently, about 85% of all wooden furniture exported is made of Rubberwood Rubberwood is the main raw material used for the booming wood-based industry in Malaysia. However, the supply issue of the Rubberwood resource is intensely debated in Malaysia. Wood-based industry claim that there is a shortage of supply, but the related government agencies argue that the short supply is simply due to logistic problem. The implications of Rubberwood sawntimber shortage are far reaching because it affects higher production costs low productivity and inconsistency quality in furniture production. The objective of this study is to evaluate availability of Rubberwood supply for the wood-based industry next few year and also viability of rubber forest plantation. This study found that, the amount of Rubberwood is not enough to support the Furniture Industry in Malaysia. Beside that, from the study examine the viability of investment in establishing short-cycle (15 years) rubber forest plantations fro extraction of both latex and wood as well as that of plantations established solely for extraction of timber, both IIR and NPV value for rubber forest plantations with wood and latex extraction are higher than the plantations with wood extraction. However, Ble Ration for forest plantations with wood extraction is higher than the forest plantations with wood and latex extraction. This means that, we can get more revenue from the plantations with wood and latex extraction. Therefore, the return from the wood only option is poorer than the latex and wood option. 2001 Project Paper Report NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/10082/1/FH_2001_29.pdf Liew, Siong Ching (2001) An Evaluation of the Output of Rubber Forest Plantation. [Project Paper Report] Rubber plantations - Evaluation English
spellingShingle Rubber plantations - Evaluation
Liew, Siong Ching
An Evaluation of the Output of Rubber Forest Plantation
title An Evaluation of the Output of Rubber Forest Plantation
title_full An Evaluation of the Output of Rubber Forest Plantation
title_fullStr An Evaluation of the Output of Rubber Forest Plantation
title_full_unstemmed An Evaluation of the Output of Rubber Forest Plantation
title_short An Evaluation of the Output of Rubber Forest Plantation
title_sort evaluation of the output of rubber forest plantation
topic Rubber plantations - Evaluation
url http://psasir.upm.edu.my/id/eprint/10082/1/FH_2001_29.pdf
work_keys_str_mv AT liewsiongching anevaluationoftheoutputofrubberforestplantation
AT liewsiongching evaluationoftheoutputofrubberforestplantation