Timber Plantation to Grow Jobs in Victoria

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Timber Plantation to Grow Jobs in Victoria

The Victorian government will invest $120 million in a soft timber plantation in the state’s southeast.
Hancock Victorian Plantations will match the spending to buy, lease and manage more than 14,000 hectares of softwood plantations.
It is expected 16 million new trees, mainly pine will be planted in Gippsland in eastern Victoria under the deal.
The state government claimed the new plantation would underpin 2000 new and existing jobs in regional Victoria and cover an area equivalent to 7000 Melbourne Cricket Grounds.
Victorian Agriculture Minister Gayle Tierney said plantings would begin in 2023, subject to final approvals.
“This is the biggest investment in Victorian history in new plantation establishment – making sure we have a strong, sustainable timber supply for decades to come,” she said....

Source: Timber Plantation to Grow Jobs in Victoria

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