Forestry and Wood Products
Forestry and Wood Products
Of all the natural resources of Bosnia and Herzegovina, its timber is best known; 50% of the country is covered in forests that can serve both the furniture and the construction industry. These forests have the potential to provide nearly 7 million m³ round-wood per year on a sustainable basis. Beech, oak, ash, pine and fir as well as more specialised woods such as walnut, apple and cherry, are exported as raw material, half fabricates and finished products.
The abundance of both hard and softwood as well as the low-cost, skilled labour force combined with manufacture facilities that have capacities for timber and furniture production that exceed domestic demand, make this sector export-oriented. Currently, the largest markets for these products are Germany and Italy but the potential to export to other countries is vast.
Recognizing forestry and the wood sector as particularly attractive, the EBRD coordinated in 2006 a study to provide detailed analyses of investment opportunities in this sector. This study, which is available on FIPA’s website, identifies an array of the attractive opportunities for foreign and domestic investors in the wood processing sector.
More info at:
TO READ PDF FILES USE FREE SOFTWARE: ADOBE PDF READER
