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Japanese paper firm invests millions in African plantations
18/03/2009
Japanese paper firm, Oji Paper Co, has announced it is to invest $40 million in planting eucalyptus trees in Tanzania for use in pulp production.
The Tanzanian land, which will be given over for forestry, has been secured through agreements with the Tanzania Investment Centre and the Naliendele Agriculture Research Institute.
The two areas to be planted will cover 20,000 hectares and 30,000 hectares. The company says it will carry out the planting of trees itself and will fund this through direct investment. It is to ship seedlings to growers who are to be given special training for the work. The project’s group manager says growers in the regions will benefit from the project, “apart from individuals who will be directly employed in our project, growers stand to benefit because the company will be buying trees from them.`
Oji Paper agreed to locate one of its plots in Mtwara, after the Mtwara Port Authority made changes to the port in order to accommodate the firm’s woodchip carriers.
Oji Paper says it hopes to begin logging and exporting woodchip in 2018. The company already has overseas plantation in New Zealand, Australia, Laos, China and Vietnam.
The Tanzanian land, which will be given over for forestry, has been secured through agreements with the Tanzania Investment Centre and the Naliendele Agriculture Research Institute.
The two areas to be planted will cover 20,000 hectares and 30,000 hectares. The company says it will carry out the planting of trees itself and will fund this through direct investment. It is to ship seedlings to growers who are to be given special training for the work. The project’s group manager says growers in the regions will benefit from the project, “apart from individuals who will be directly employed in our project, growers stand to benefit because the company will be buying trees from them.`
Oji Paper agreed to locate one of its plots in Mtwara, after the Mtwara Port Authority made changes to the port in order to accommodate the firm’s woodchip carriers.
Oji Paper says it hopes to begin logging and exporting woodchip in 2018. The company already has overseas plantation in New Zealand, Australia, Laos, China and Vietnam.
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