AU$10 m for Tasmanian Wood Processing Programme
Friday 17 Sep 2021The Tasmanian Liberal Government opened last Friday a new on Island Processing Programme, which provides up to AU$10 million over the next five years for projects based in Tasmania.
The Programme aims to increase the end-value of the wood grown by expanding the range and capacity of value-added production done in Tasmania. Local processing projects have the potential to add value to Tasmanian wood, utilise wood residues and waste, and insulate the forest industry from external market shocks through diversification and deliver regional jobs.
Grants of up to AU$2.5 million each will be available to support the development of more on-island processing projects which increase the return on our wood and timber. Applications for the On Island Processing Programme opened on 10 September and close on Friday, 22 October 2021. More details on the Programme can be found here
The Tasmanian Forest Products Association applauded the Tasmanian governments $10 million investment in on island processing. According to CEO Nick Steel. “The Tasmanian forestry industry prides itself on the growth of on island value adding, on our investment in the plantation sector and our innovation in developing new products and technologies”.
“This grant opportunity, which will be matched by the industry, will encourage significant industry investment and result in more highly skilled forestry jobs” said Mr Steel.
Source: Guy Barnett, Minister for Primary Industries and Water, Tasmanian Forest Products Association
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