Gold rush, concrete ‘fell’ forestry industry

– regeneration distant

A succession of hard knocks in recent years has set the country’s timber industry on a downward slide from which it is unlikely to recover in the short term, President of the Guyana Forest Producers Association (GFPA) Khellawan told Stabroek Business in an exclusive interview on Tuesday.

The GFPA top executive said he believed there has been some amount of shifting of investment from timber to gold coupled with which the forestry sector had lost much of its skills to the mining sector. “We can’t compete. An excavator operator who would earn around $200,000 in the forestry sector would earn up to $1 million in the gold industry.  …..To continue reading, login or subscribe now.

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