Activities

15 October 2025

Meeting on Forest Concession Agreement

A meeting was held at Menara PMINT to discuss matters related to the concession agreement between Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT) and Golden Pharos Berhad. The session reviewed the overall strategy and direction of forest concession management, including proposed amendments to several clauses to ensure more efficient and sustainable governance. The discussion concluded with a mutual understanding to strengthen the implementation and management of forest concession agreements in a more integrated manner, aligned with the state’s forest development policies. Both parties also agreed to continue their strategic collaboration to uphold forest sustainability and support the growth of Terengganu’s wood-based industry.