Swedish businesses invited to venture into Sarawak’s forest plantation and wood-based industries

Deputy Premier Datuk Amar Awang Tengah Ali Hasan extended an invitation to the Swedish business community to venture into Sarawak’s forestry, forest plantation and wood-based industries.. — The Borneo Post picKUCHING, April 29 — Deputy Premier Datuk Amar Awang Tengah Ali Hasan recently held a networking session with Business Sweden , an agency promoting Swedish companies to grow in the global market and for foreign direct investors to expand business in Sweden.

He pointed out that Sarawak is moving towards a sustainable and renewable wood-based industry utilising material from forest plantations to produce engineered wood, biomass fuels, pulp and paper.“Sarawak has a geographical advantage as it is located near to large market with high growth rate such as China, Japan, India, Korea and Australia,” he said in a press release issued by his office.

According to the press release, Business Sweden sees potential opportunities to consider in Sarawak in areas like research and innovation, digital application in forest management, forest industries for wood structure constructions, and human capital development.It said Business Sweden in collaboration with the industries and agencies will continue to engage in dialogues with Sarawak to identify areas of common interest to be considered and implemented in the future.

The Deputy Premier and the Sarawak delegation were told about the use of engineered wood to construct timber structures, collaboration by Ecco Innovation Foundation in other countries in Southeast Asia, and pulp and paper industry.

Source: News Formal (newsformal.com)

Sarawak State Government Sarawak Foreign Investments Business Sweden

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