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NSTDA joins public-private partnership to promote sustainable forest management and forestry business

April 05, 2019

With the growing world’s population, economic expansion and increasing use of biomass, global demand for wood and wood products has been on the rise and shall continue for a long period as it is a major source of materials for various industry such as pulp and paper, construction, clothing and furniture. The 20-yr National Strategy identifies that the forestry business has a potential to generate 2-4 trillion-baht revenue annually. To reach this target, 12 agencies from public and private sectors have entered in an MOU to form a consortium to promote sustainable forest management and forestry business. The MOU signing ceremony was held on 26 March 2019 at Thailand Science Park.

 

 

Twelve organizations joining this consortium include: 1) Faculty of Forestry, Kasetsart University; 2) Rajamangala University of Technology Tawan-ok; 3) Maejo University, Phrae Campus; 4) Forest Industry Organization; 5) Royal Forest Department; 6) Agarwood Community; 7) Forestry Alumni Association; 8) Fast Growing Tree Association; 9) Thai Timber Association; 10) Thai Biomass Trade Association; 11) Bank for Agriculture and Agricultural Cooperatives; and 12) NSTDA.

The 5-year MOU will have NSTDA serving as the group secretariat, and will be working on setting the standards and certification system for sustainable forestry, as well as R&D on plant breeding and product development to support this business sector.

 

 

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