UPM Uruguay Group invests in reforestation in Mozambique

14 January 2013

A new reforestation company, Florestas do Planalto, has started operating in Mozambique’s Niassa province, increasing the number of units operating in the sector in that province to five, Mozambican daily newspaper Notícias reported.

The memorandum of understanding to set up the company was signed by Mozambique’s Agriculture Minister, José Pacheco and by Ricardo Methol, vice president of Florestal Oriental, of the UPM Uruguay Group.

Under the terms of the document, Florestas do Planalto will plant trees in 200,000 hectares of a total 676,000 that make up the region of the Lichinga Plateau set aside for forestry plantations and cut down 6 million cubic metres of wood per year to be used as a raw material for paper pulp production.

At a ceremony held at that location, Minister José Pacheco said that setting up Florestas do Planalto would create 6,000 direct jobs and 30,000 indirect jobs.

The investment project by Florestal Oriental in Mozambique is the result of a mission to Uruguay to by the governor of Niassa province, David Ngoane Malizane, to attract investments and find out how sustainable reforestation is carried out in the South American country. (macauhub)