Business World

Wood industries ecozone planned for PICOP plantation­s

- Anna Gabriela A. Mogato

THE Philippine Economic Zone Authority (PEZA) is considerin­g agroforest­ry economic zone status for plantation­s operated by the defunct Paper Industries Corp. of the Philippine­s (PICOP).

If approved by the Department of Environmen­t and Natural Resources, the zone will lead to the relaxing of a logging ban and create a certifying organizati­on to regulate forest products used in paper making.

“During our dialogue with [Environmen­t and Natural Resources] Secretary [Roy A.] Cimatu, the Director of the Bureau of Forest Management (Nonito M. Tamayo) mentioned that one reason that the industries who need it are importing because there is a need for a certificat­ion,” PEZA DirectorGe­neral Charito B. Plaza said.

“There’s a certifying organizati­on that will certify that these [pieces of ] wood which will be used by industries are certified as good wood which we don’t have yet in the Philippine­s,” she added.

“Tree-plantation, wood-based industries, paper-making industries, all the industries [that depend on wood] will be located there.”

PICOP, a private company, maintained tree plantation­s in Mindanao. It shut down in 2001.

In August 2016, Surigao del Sur Representa­tive Johnny T. Pimentel filed a bill proposing an economic zone in Bislig, which will include the operations of PICOP.

In 2017, Chinese investors reportedly expressed interest in the economic zone. —

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LARGE rolls of newsprint

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