Former Bai Shan Lin concessions still on hold – Trotman

-as Chinese bank seeks new funding

There has been no activity on the forest concessions previously held by Chinese forester Bai Shan Lin, which government is holding on to at the request of the China Development Bank, according to Minister of Natural Resources, Raphael Trotman.

Speaking yesterday during the meeting of the Parliamentary Sectoral Committee on Natural Resources in Parliament chambers, Trotman referenced the 15% slowdown in the forestry sector, which he blamed on the removal of Bai Shan Lin from the forest, Barama Company Ltd’s voluntary exit and the slowdown in the Asian economy.

“Bai Shan Lin had two concessions both of which expired and we chose not to renew them; together those amount to approximately 180,000 hectares. Bai Shan Lin had also entered into …to continue reading this article, please subscribe.  Already a subscriber ? Sign In.

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