Reforestation covers 9,000 hectares
The program of reforestation for commercial purposes developed by the Ministry of Agriculture (Magap), since last January, in order to take advantage of lands that are not being productive, is beginning to bear fruit.
The project comprises about 9.000 hectares that have been planted, thus Pablo Noboa, official of the entity, reported yesterday.
The aim is to cultivate 120.000 hectares in a span of five years, with a state investment of $300 million approximately, through providing incentives of up to 75% of the cost to individuals and 100% to the associations.
Noboa felt that this incentive could be $2.500 per hectare during the time of the program, that would be paid by the National Financial Corporation (CFN).
The main species used in the reforestation is teak wood, of high commercial value with a return on investment and a generation of profit in an average period of 15 years.