Good Result in Forestry Project

Increased sales and reduced poverty in Nicaraguan communities are some of the results of the IFC project.

Friday, June 5, 2009

Strengthening the sustainable supply of the timber chain in Nicaragua project by the International Finance Corporation (IFC) and the Canadian International Development Agency (CIDA), implemented from July 2006 to December 2008 in 3 communities in the Caribbean and 11 SMEs, promoted the use of certified lumber.

According to Laprensa.com.ni, "In analyzing the results of the project, it was determined that there was a growth of 29% in annual sales in the three Caribbean communities. In addition, net income of families linked to the forest sector increased by an average 62%."

More on this topic

Extraction and Export of Timber in Panama

February 2017

In 2016, 800 40ft containers containing teak and rosewood were exported to India and Vietnam, and this year the union of reforesters plans to export 5,000 containers.

The process of planting timber trees began about 20 years ago, and now, explained spokesmen from the union of reforesters, the first results are starting to be seen.

Market for Timber and its Derivatives in Costa Rica

November 2016

Production and sales figures and an analysis of the barriers to the use and economic activity of timber in Costa Rica and how to overcome them.

From a report entitled "Market for timber and timber derivatives in Costa Rica by the Forestry Financing Fund (FONAFIFO):

Deals in Timber Products

July 2016

A business conference for companies working in the timber and related products sector has been organized for November 4, 2016 in Heredia, Costa Rica.

From a statement issued by the National Forestry Office:

As part of the sixth edition of the Vive La Madera Fair and C-Neutralidad 2016, LaOnf, the FONAFIFO and the MINAE will be hosting business negotiations for timber and related products, which will be assisted by PROCOMER.

Projected Increase in Demand for Wood in China

July 2014

It has been estimated that China will require 800 million cubic meters of timber in 2020.

From a statement issued by Costa Rican Foreign Trade Promotion Office:

A study by the State Forestry Administration (SFA) in China shows that the country's timber demand will rise to 800 million cubic meters in 2020.

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