News relating to forestry and timber investments:
Lurio Green resources, a Norwegian company has plans to invest over 2 billion $US in Eucalyptus plantations in Mozambique, Africa. The government in Mozambique has just approved the eucalyptus project. The forestry species will be specifically grown and harvested for industrial purposes across the northern province of Nampula.
Luis Covane, government minister stated that over 200 million dollars will be spent on the eucalyptus plantation itself and approximately two billion will be invested in timber related industrial infrastructure.
“The company will establish a forestry plantation for the production of paper, sawn wood and charcoal, and also for the generation of electricity. Part of the land granted to the company will be used for food production”.
According to report from the “Macauhub”, Lurio Green Resources requested up to 210,000 hectares of land for it’s eucalyptus platations, but was actually allocated 126,000 hectares in the Mecuburi, Ribaue and Nampula districts. From a local employment perspective, the benefits will be wide ranging, with the creation of up to 12000 new jobs being expected directly and indirectly as a result of the new investments in forestry projects.
Additionally, the Norwegian company intends to invest up to 30 million dollars in community infrastructure for the indigenous people, with schools and health centres being constructed in the area.
Other forestry investments in the region were also announced in the report, with the news that just shy of 175,000 hectares of eucalyptus plantations in the Ile and Namarroi districts are in the proceess of developing by a Portuguese company Portucel. In this case, the forestry investor is the Portuguese forestry and paper group Portucel (one of Europes largest producers of paper and pulp), which plans to construct a paper/pulp manufacturing faciliity in Mozambique.
http://www.macauhub.com.mo/en/news.php?ID=8651
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January 15th, 2010 at 4:59 am
Dear sirs,
We read with much interest of your involvement in Mosambique reforestation programme.
We are offerring to yopu varios lands both privately owned and government property in the nation of Vanuatu. These lands can total more than 200,000 hectares suitable for commercial reforestation of trees as a plantation.
Thus, please do consider our offer as the labour force in that nation has only recently been badly affected by natural disasters.
If you do decide to invest her, there is every chance of the lands,labour forces and other resources being extremely low in cost.
February 20th, 2010 at 3:54 am
Mr. Francis Fernandez.
Please contact me re forestry project in Vanuatu.
Hemal de Silva
hsdes59@yahoo.com
March 19th, 2010 at 3:35 am
[...] through the Gurue district and linking up with the Nacala line at Malema, Mutuali or Ribaue …Norway/Portugal Invest in Forestry Plantations | Forestry …News relating to forestry and timber investments: Lurio Green resources, a Norwegian company has [...]