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Gamea chairs inaugural supreme timber committee meeting
21 March 2021  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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The government seeks to promote the wood sector, to cater for the market needs of furniture, boost its exports to regional and international markets, and cut wood imports which stand at an annual $1.370 billion," Gamea said.

Cairo- Mar 21, 2021

Minister of Trade and Industry Nevine Gamea has presided over the first meeting of the Supreme Committee for Timber, whose main tasks are: studying expansion in tree forests, exploring mechanisms to encourage the establishment of factories for the production of wood panels manufactured from agricultural waste, palm leaf and rice straw, as well as preparing a package of incentives to attract investors to set up MDF panel factories.

The committee was formed according to a decision by the Prime Minister and includes representatives from the ministries of water resources, irrigation, environment, IT and communications, public enterprise sector, housing, transportation, agriculture, the General Authority for Investment and Free Zones, in addition to a number of experts in the wood industry.

"The government is keen on promoting the wood sector, to cater for the market needs of furniture, boost its exports to regional and international markets, and cut wood imports which stand at an annual $1.370 billion," Gamea said.

She also suggested building up a database of wood plantation in Egypt to help decision-makers set a future action plan for developing this sector.


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