Malaysia’s Granasia Corp Bhd is hoping to boost its exports of wood-based products to 70% of all sales during the next few years.
The company, whose current export markets include Australia, Thailand and the EU, plans to target India and China soon.
Its wood-based product sales have so far this year seen a 6.4% year-on-year increase, while timber exports have also grown strongly,
Granasia recorded M$120m sales and M$13m net profit in 2003.