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.