The Sarawak Timber Industry Development Corp (STIDC) has inked a memorandum of understanding (MoU) with Australia’s Tilling Timber Pte Ltd and Johor-based Woodsfield Glulam Manufacturing Sdn Bhd to conduct a feasibility study for a joint venture investment in an engineered wood project. The engineered wood plant is expected to earn RM78 million, and will also promote the use of engineered wood in housing and building construction, which is in line with Sarawak’s goals of promoting green development, environmental sustainability and carbon storage.

Source: The Star