Willingness to pay for the sustainability of recreational forest reserve in Malaysia: Case study Gunung Nuang, Hulu Langat, Selangor
Recreational areas centred around nature are gaining popularity among Malaysians.One such area, the Gunung Nuang Recreational Forest, charges a minimal fee of only RM1.In view of rising maintenance costs, it is necessary to determine the amount that the public is willing to pay for access to Gunung...
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Main Author: | |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2015
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Online Access: | http://repo.uum.edu.my/23915/1/RC07.pdf http://repo.uum.edu.my/23915/ |
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Summary: | Recreational areas centred around nature are gaining popularity among Malaysians.One such area, the Gunung Nuang Recreational Forest, charges a minimal fee of only RM1.In view of rising maintenance costs, it is necessary to determine the amount that the public is willing to pay for access to Gunung Nuang.As environmental factors can not be assigned monetary
value, a Contingent Valuation method is utilized for this purpose.This paper aims to determine the willingness to pay of visitors to Gunung Nuang Recreational Forest.The results show that visitors are willing to pay up to RM2.50 per entry. This study is also intended to aid technical officers in future valuations of this nature. |
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