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Future funding Territory forests.



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THE HON. WARREN SNOWDON MP 

13 January 2009

FUNDING FUTURE TERRITORY FORESTS

The Territory’s forestry industry, including the high value tropical hardwood industry in the Top End, can benefit from $9 million invested by the Rudd Government in Australia’s forest industries and timber export products.

Member for Lingiari, the Hon. Warren Snowdon MP today encouraged the Territory’s fledgling forestry industry to apply for the first round of grants under the new Forest Industries Development Fund.

“From mobile wood processors to value-adding new and existing wood products, this funding will support the growth of our forest industries,” said Mr Snowdon.

"A sustainable tropical timber industry can contribute to regional development and create jobs for Territorians, including in remote areas of the NT.

"This funding will help to ensure the industry continues to develop new ideas and adopt technology that suits our soil, water, climate and enviornmental concerns."

The Forest Industries Development Fund is open to individual businesses and organisations involved in Australia’s forest industries for projects which are industry-focused, innovative and commercially-viable, particularly those developed for the export market.

It is part of a $20 million commitment by the Australian Government to prepare our forest industries for the future by helping to address the industry’s skills shortage, cracking down on illegally logged timber imports, preparing the industry for climate change and encouraging value-adding to improve market development.

Expressions of interest for the first round of grants under the $9 million Forest Industries Development Fund are open now and close at 4pm on 25 February 2009.

For more information go to www.daff.gov.au/forestry/fidf or phone the Department of Agriculture, Fisheries and Forestry on (02) 6272-5079.

Kate Media Adviser Phone: 02 6277 7620 Mobile: 0488 484 689 Fax: 02 6273 7112