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WOOD PROCESSING

Sector: Forest Products and Packaging • Location: Congo, Republic of

Source: World Bank Group

Project
Closed

The main objectives of the project are to assist the Congo to diversify its exports and promote the economic development of northern Congo by establishing an integrated logging and wood processing complex. The joint venture operating company, the SCBO, would manage a 1.1 million ha forest concession and would log 100,000 cubic metres of timber per year. About one-half of this would be exported as

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The project “WOOD PROCESSING” is an infrastructure initiative in the Forest Products and Packaging sector, located in Congo, Republic of. 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

The main objectives of the project are to assist the Congo to diversify its exports and promote the economic development of northern Congo by establishing an integrated logging and wood processing complex. The joint venture operating company, the SCBO, would manage a 1.1 million ha forest concession and would log 100,000 cubic metres of timber per year. About one-half of this would be exported as logs and the remainder processed as sawnwood and veneer, mostly for export as well. US$10.5 million of the proposed loan would finance investments in the sawmill and veneer plant and technical assistance for their procurement, engineering and initial operation. The project would also support technical assistance to Government services to help ensure the successful regional integration of northern tribal groups into the project and to improve Government's forestry sector management.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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