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Feasibility Study of Forestry Project in Sarawak State, Malaysia

Citation

Woo, H and Turner, P and Kang, B and Jang, J and Woo, J, Paul Turner, Feasibility Study of Forestry Project in Sarawak State, Malaysia, Journal of Forest and Environmental Science, 34, (4) Article 4. ISSN 2288-9752 (2018) [Refereed Article]


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Copyright Statement

Copyright 2018 Journal of Forest and Environmental Science. Licensed under Creative Commons Attribution 2.0 Generic (CC BY 2.0) https://creativecommons.org/licenses/by/2.0/

DOI: doi:10.7747/JFES.2018.34.4.352

Abstract

This research paper investigates available options for implementing clean development mechanism (CDM) project in Sarawak state, Malaysia. To investigate economic feasibility, data was collected using survey and field research methods. Also, economic analysis was estimated using net present value (NPV), internal rate of return (IRR) and payback period (PBP) during the 30 years CDM: afforestation and reforestation periods. The result of economic analysis indicated that, the payback period was estimated at 9 years with 18 percent of internal rate of return (IRR). This study also highlighted that CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid Recovered Fuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study results demonstrate the methodology and guideline for future CDM investment and projects.

Item Details

Item Type:Refereed Article
Keywords:feasibility study, timber product, wood pellet, net present value, internal rate of return
Research Division:Economics
Research Group:Applied Economics
Research Field:Agricultural Economics
Objective Division:Plant Production and Plant Primary Products
Objective Group:Forestry
Objective Field:Harvesting and Transport of Forest Products
UTAS Author:Woo, H (Mr Heesung Woo)
UTAS Author:Turner, P (Associate Professor Paul Turner)
ID Code:130216
Year Published:2018
Deposited By:Information and Communication Technology
Deposited On:2019-01-16
Last Modified:2019-05-10
Downloads:4 View Download Statistics

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