Malaysia aims to double furniture exports by 2020

Source:
IHB/RS
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A new programme developed by the Malaysian Timber Industry Board (MTIB) ''Professional Designer Programme (PDP)'' aims to double Malaysia's furniture exports in the upcoming years. From the current RM8 billion (1.8 billion euros), the new programme might drive exports up to RM 16 billion (3.6 billion euros) by 2020. 

PDP is an initiative and a joint programme with the Malaysian Furniture Promotion Council in integrating designs and designers into the furniture production in the country. MTIB director-general Dr Jalaluddin Harun said the programme aims to encourage more creativity and innovations in terms of furniture designs among young local designers.

“We hope with PDP programme, we can enhance exports with less volume but of higher value,” he said during a press conference this week. 

Furniture exports stood at RM2.26 billion between January and April 2015, 6.5% higher from RM2.089 billion in the same period in 2014. Jalaluddin said Malaysia needs to strengthen its supply chain, production of new market-oriented value-added products and explore new markets.

“Under the programme, local designers will have the opportunity to engage with the international designers and share ideas to come out with innovative productions which are expected to lead to the higher demand from consumers.”

PDP, which began today, will end on March 12, 2016.

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