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SARAWAK
TIMBER INDUSTRY
DEVELOPMENT CORPORATION ( STIDC ) also known as PUSAKA
was established in June 1973 under the Perbadanan Perusahaan
Kemajuan Kayu Sarawak Ordinance 1973. Its incorporation
was initiated following the recommendation of the Food
and Agriculture Organization (FAO) of the United Nations,
which conducted a comprehensive forest inventory in
the state from 1968 to 1972.
The function would
be to stimulate by all possible means the planned expansion
of wood-based industries throughout Sarawak at a role
consistent with the overall interest of the economy,
the availability of capital and the technical expertise
and effective management of the forest resources.
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