Investing in Tasmania. All you need to know.

Forestry and related products

Tasmania is the most forested state in Australia, endowed with vast forestry resources.

We have a world-class sustainably managed forestry industry that contributes substantially to the economy and provides significant regional employment opportunities.

Tasmania is focused on ensuring we protect land and our ecosystems for future generations with:

• more than two-thirds of Tasmania’s public land included as reserves
• 47 per cent of our forests are in reserve
• 80 per cent of old growth forests are protected

Forestry operations in Tasmania are independently certified under Australian Forestry Standard (AFS) which sets stringent environmental, social and economic criteria for forest management and production tracking. The industry is also currently assessing the Forest Stewardship Council’s internationally recognised procedures.

Opportunities exist for investment in:

• value-adding forestry related manufacturing activities such as veneer production
• plantation development - a 2005 agreement is leading to a phase-out of clearing native forest and a focus on plantation-based harvesting
• the processing of surplus hardwood pulpwood into wood products.
  
  

Tasmania offers

• Sustainability
  Sustainable forest management practices are the norm
• Resource security 
  Government policy for the management and use of Tasmania's forests providing resource security to the industry while protecting sensitive areas
• Regulated industry 
  Tasmania's conservation system surpasses international benchmarks
• Innovation
  The majority of forestry-related businesses invest in advanced machinery, equipment, software, research and development
• Renewable energy resources
  Tasmania has an enviable sustainable renewable energy base.

To find out more go to:

Forestry Tasmania

Infrastructure and Resource Information Service (IRIS) Tasmania

Forest and Forest Industry Council of Tasmania