Ben Hai Forestry One Member Co.,Ltd: Sustainable Forestry Development

3:14:34 PM | 10/12/2011

Ben Hai is the first forestry company in the Central Coast to cooperate with foreign partners to develop forestry in a sustainable manner, working towards CO2 reduction certificate to join Carbon market.
As the only state enterprise in Quang Tri operating in the field of planting and exploiting forest products, Ben Hai Forestry Company is responsible for 7,000 hectares of forest, creating 500 – 700 jobs for Vinh Linh people.
The company has cooperated with a financial group to sustainably develop forestry on over 1,000 hectares. This project aims at creating high quality forestry products meeting Forest Stewardship Council (FSC) standards for domestic and world markets. Besides, Ben Hai Forestry Company in conjunction with Da Nang Vinafor Joint Stock Company built a wood pulp mill in Quang Tri, which is a step by Ben Hai Forestry Company for international economic integration.
To contribute to local economic development and increase its staff’s income, the company has invested in the forest plantation and assigned it to farmers. The company has successfully promoted research and transferred technologies, provided high quality and productive seedlings to farmers, underwriting outputs and building the Quang Tri brand for agricultural products.
In the first eight months of 2011, the company carried out projects exploiting planted forest in project 661 with 195 hectares, exploiting 225 hectares economically planted forest, 854 tonnes resin, beating 88 percent of the whole year’s plan. In addition, the company manufactured forest products from over 4,000 cubic meters of wood from Laos. The company gained turnover of VND70 billion, submitted VND 2 billion to the National Budget, and created regular jobs for 141 staff with average income of VND 3.5 million per month.
Director Ha Sy Dong said, in the coming time, the company will expand its forest area to 10,000 hectares, all of which is managed under the certificate of sustainable forest development according to FSC standard.
Binh Huong