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MINAS GER'S FRSTRY

Sector: Manufacturing (Industrial) • Location: Brazil

Source: World Bank Group

Project
Closed

Since Minas Gerais' natural resource base of forests is being depleted, jeopardizing major industries, the Minas Gerais Forestry Development Project aims to increase industrial wood production, reduce degradation of the native forests, and improve environmental protection. To that end, the project aims to finance: (a) the establishment of up to 165,000 ha of forest plantations and the building o

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The project “MINAS GER'S FRSTRY” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

Since Minas Gerais' natural resource base of forests is being depleted, jeopardizing major industries, the Minas Gerais Forestry Development Project aims to increase industrial wood production, reduce degradation of the native forests, and improve environmental protection. To that end, the project aims to finance: (a) the establishment of up to 165,000 ha of forest plantations and the building of charcoal manufacturing kilns and related infrastructure through a line of credit; (b) the planting of about 40,000 ha of woodlots on small and medium-sized farms; and (c) staff, equipment and consulting services for forestry conservation. Finally, the project seeks to provide (d) institutional development to strengthen the State Forestry Institute (IEC); and (e) project evaluation.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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