Myanmar earned about US$30 million last year from export of wood and finished wood products, according to Myanmar Timber Merchants Association.
About 70 companies exported a total of 28663 tonnes of wood to India,
China, Phillipines, Thailand, Indonesia and the European countries
during the previous year, Aung Naing Oo, Assistant Secretary General of
Myanmar Timber Merchants Association, said.
He said, “Both wood and finished wood products, such as floor tiles,
furniture and decorated wood are exported to other countries. The
association helps the timber merchants in exporting their products.”
Myanmar currently has just over 70 wood factories. In 2003-04, more
than 200 factories operated in the country but most stopped in the past
years.
Some of the factories are now trying to resume the business while
foreign companies are also interested in setting up finished wood
factories here in view of market prospects.
Ministry of Environmental Conservation and Forestry announced log export will be banned starting from April 1, 2014.
source: Eleven Myanmar
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