1m Gaharu trees venture
By admin on Nov 1, 2008 | In Environment, Events, Strategies and Intended Outcomes | Send feedback »
KOTA KINABALU United Sabah Islamic Association (Usia) is embarking on an ambitious 12-year project to plant one million Gaharu trees (sandalwood) in Sabah as part of an effort to assist its 27,500 members generate more income.
The project, which is expected to generate some RM1billion in revenue, will start this year until 2020.
It will be carried out with the collaboration of the Malaysian Nuclear Agency (Nuclear Malaysia), an entity under the Ministry Science, Technology and Innovation (Mosti).
A Memorandum of Understanding (MoU) between Usia and Nuclear Malaysia on this is scheduled to be sealed at Wisma Muis on Nov. 15. This was unveiled during a Hari Raya Aidilfitri open house hosted by Usia in Sembulan, Thursday.
Chief Minister Datuk Seri Musa Haji Aman, who was guest of honour, said the State Government welcomed Usia's plan due to Gaharu's great potential in terms of market and pricing.
"I believe there are also many people, Bumiputera and non-Bumiputera, currently venturing into Gaharu tree cultivation throughout Sabah because of its great potential," he said.
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