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BRAZIL: SHORTAGES OF TIMBER
¡¾2002.08.15¡¿

BRAZIL: SHORTAGES OF TIMBER

It is reported that the Ministry of Environment is now saying that timber supplies from plantations will not be sufficient to meet the future demand from local forest products industries. At best some 250,000 ha are currently planted every year (including replanting) but future demand could only be met through the planting of at least 630,000 ha annually. The government, recently, announced the creation of a loan facility of US$100 mil. to support the Natural Forest Program. This loan facility is expected to be used to support about 20,000 small land owners to establish forest plantations. The Ministry of Agriculture has also announced it will make available around US$25 mil to support small and medium sized land owners establish plantations.