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Feasibility Study of Forestry Project in Sarawak State, Malaysia

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Woo, H, Turner, P ORCID: 0000-0003-4504-2338, Kang, B, Jang, J and Woo, J 2018 , 'Feasibility Study of Forestry Project in Sarawak State, Malaysia' , Journal of Forest and Environmental Science, vol. 34, no. 4 , pp. 352-358 , doi: 10.7747/JFES.2018.34.4.352.

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Abstract

This research paper investigates available options for implementing clean development mechanism (CDM) project inSarawak 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 highlightedthat CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid RecoveredFuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study resultsdemonstrate the methodology and guideline for future CDM investment and projects.

Item Type: Article
Authors/Creators:Woo, H and Turner, P and Kang, B and Jang, J and Woo, J
Keywords: feasibility study, timber product, wood pellet, net present value, internal rate of return
Journal or Publication Title: Journal of Forest and Environmental Science
Publisher: Institute of Forest Science, Kangwon National University, Chunchon 24341, Korea
ISSN: 2288-9752
DOI / ID Number: 10.7747/JFES.2018.34.4.352
Copyright Information:

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/

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