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Independent.ie

Thursday 22 June 2017

Forestry investment 'to save €220m'

Caitriona Murphy

Caitriona Murphy

Investment in forestry over the past three decades will save the Government €220m in the next five years, the Irish Timber Growers Association (ITGA) has calculated.

With timber output from private forestry forecast to treble over the next eight years, employment is expected to increase in the forestry and timber sectors. Increased production will also deliver a major saving for the Government by reducing Ireland's requirement to buy carbon credits.

ITGA director Donal Whelan also pointed out that, by 2020, demand for timber is forecast to exceed supply by 1.3m cubic metres a year.

Mr Whelan was speaking at the launch of the ITGA 2012 Forestry and Timber Yearbook.

The book is recognised as one of the most important sources of information and reference for those working in the forestry sector.

It is available in bookshops nationwide and can be ordered online -- priced at €12.50 plus postage -- or by contacting ITGA at 17 Castle street, Dalkey, Co Dublin, by phone on 01 235 0520 or by email on itga@eircom.net.

The yearbook directory also appears on three websites www.itga.ie, www.forestry.ie and www.forestryyearbook.ie.

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