Timber industry faces challenges in the voluntary partnership agreement process in forest governance

“The government has concerns and the fact that is does not have the trust of multiple stakeholders is a challenge for the process. “Every change implies sacrificing the interests of certain people, or things, for a certain time but it will be a benefit in the long run, resulting in a sustainable enterprise,” he said. […]

FDI in Timber Processing Tops $51Mln, India Biggest Investor

YANGON — Foreign investment in Myanmar’s timber industry reached US $51 million last year and India was the biggest investor with six investment projects representing about half of all investments, government figures show. According to statistics from the Directorate of Investment and Company Administration, which is under the Ministry of National Planning and Economic Development, […]