Prime Minister Voreqe Bainimarama has revealed that Fiji Pine Group of Company currently contributes more than 80 percent to Fiji's log production and exports of wood products.
While revealing this during the International Day of Forests at the Ministry of Forests, Timber Utilisation Research Division in Nasinu, Bainimarama says Fiji Hardwood Corporation Ltd and the Mahogany sector is making strong contributions to the economy and showing great potential.
He says in the past year alone, the mahogany log production improved by 75 percent and exports of mahogany products grew by 60 percent.
He adds Fiji has established plantations of pine and mahogany as part of Government’s long-term strategy to support timber trade while also protecting and conserving the remaining natural forests.
The Prime Minister says to date, more than 8 million trees have been planted under the 30 million trees in 15 years campaign.
The Prime Minister launched the Forestry Harvesting Licensing Online System today and also toured around the Research Division.
He also planted a commemorative tree to mark the celebration of International Day of Forests 2022.
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