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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...

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Main Author: Liew, Siong Ching
Format: Project Paper Report
Language:English
English
Published: 2001
Subjects:
Rubber plantations - Evaluation
Online Access:http://psasir.upm.edu.my/id/eprint/10082/1/FH_2001_29.pdf
http://psasir.upm.edu.my/id/eprint/10082/
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spelling my.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
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
English
topic Rubber plantations - Evaluation
spellingShingle Rubber plantations - Evaluation
Liew, Siong Ching
An Evaluation of the Output of Rubber Forest Plantation
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.
format Project Paper Report
author Liew, Siong Ching
author_facet Liew, Siong Ching
author_sort Liew, Siong Ching
title An Evaluation of the Output of Rubber Forest Plantation
title_short 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_sort evaluation of the output of rubber forest plantation
publishDate 2001
url http://psasir.upm.edu.my/id/eprint/10082/1/FH_2001_29.pdf
http://psasir.upm.edu.my/id/eprint/10082/
_version_ 1794564276942274560
score 13.211869

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