Lae Timber Processing Facility planned

<p>It is an idea currently discussed between the PNG Forest Authority (PNGFA) and the Australian Government, through the Australian Centre for International Agricultural Research.</p>

<p>PNGFA Acting Managing Director, Karo Karo Mau, told Loop PNG that the proposed idea is still being discussed.</p>

<p>The facility is currently developed in the absence of a downstream processing policy.</p>

<p>The Acting MD says while the downstream policy is yet to be finalised, there is a clause in the current timber permit issued to logging and timber companies for&nbsp; local consumption.</p>

<p>PNG logs generate almost K1.4 billion in revenue for the country through exports.</p>

<p>Forestry Minister, Douglas Tomuriesa, said while this is a revenue earner for the country, they also aim to conserve PNG forests in a sustainable way.</p>