Kota Kinabalu: Sabah is expected to get a revenue of between RM24 billion and RM30 billion per year within 10 years’ time from its Industrial Timber Policy (ITP) which is targeting to develop 400,000 hectares of timber plantations throughout the State.
PETALING JAYA: Recipients of the recent Malaysia Sustainable Development Goals (SDG) and Environmental, Social and Governance (ESG) Impact Awards 2022 agreed that individuals and corporate entities should immediately speed up their journey towards sustainable development goals.One of the three award categories, for “Outstanding ESG Impact Corporate Excellence”, gave recognition to SMEs and social enterprises with
Sabah-based Jawala Plantation Industries Sdn Bhd (JPISB), which has been involved in forest plantation in Sabah since 2016, received the 2022 Malaysia Outstanding ESG (Environment, Social and Governance) Impact Corporate Excellence Award at Kuala Lumpur, recently.
JPISB is subsidiary of Jawala Inc. a company listed on the Singapore Exchange (SGX) specialising on sustainable forest management with focus on forest plantation development.
Its Group Chief Executive Officer Rahman Khan, who is also Vice President of Sabah Timber Industries Association (STIA), said the company is honoured and thankful to receive the prestigious award that recognises and celebrates the company’s success and great achievements in ESG
CHIEF Minister Datuk Seri Hajiji Noor said the State’s Forestry Enactment 1968 will be amended so that the forestry legal framework is aligned with amendments to the National Forestry Act (APN) 1984 which was approved by the Dewan Rakyat last July
Chief Minister Datuk Seri Hajiji Noor urged all timber industry players in Sabah to transform this industry by applying the Economic Value Chain (EVC) concept, which integrates both the upstream and downstream sectors