About Us
Acacia Forest Industries Sdn. Bhd. (AFI) is a Malaysian company based in Kota Kinabalu, with tropical forest plantations located within the Bengkoka peninsular in Sabah. AFI was formed in the year 2004.
Acacia Forest Industries Sdn Bhd (AFI) is a joint venture company between Hijauan Bengkoka Plantations Sdn Bhd (HBP) and the Sabah Forestry Development Authority (SAFODA – 30%).
The primary objective of the shareholders, as defined in the Joint Venture Agreement, is to plant and replant selected timber species in the defined area, and to sell the timber harvested therefrom, up until 2060 in a responsible and sustainable manner.
Corporate Profile
Under the Gazette Notification Nos. 684/83 dated 22 July 1983 and 900/83 dated 17 November 1983 the Sabah Government had delineated approximately 61,480 ha of land in Bengkoka Peninsula in the District of Pitas for the purpose of reforestation Resettlement Scheme Reserve to Sabah Forestry Development Authority (SAFODA). On 25 June 1999 a sale and Purchase Agreement was signed by SAFODA with Kilang Papan Dasatu Sdn Bhd (KPD), later known as HBP. Under this agreement KPD was given the rights to harvest and sell logs from the 17,000 ha of established Acacia mangium plantations.
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