The
Finnish forestry industry is on the up once more, according to FRA,
whose outlook is backed by a new study.
Seattle,
United States, May 3, 2012 -- The Finnish forestry industry is on
the up once more, according to Forestry Research Associates (FRA),
whose outlook is backed by a new study.
FRA
is a research and analysis consultancy, specialising in forestry and
timberland investments. It claims that, after a period of downturn,
the forestry industry in Finland is ripe for investment once more.
FRA’s
view on the state of the industry in the Scandinavian country
reflects the general outlook within Finland itself, according to a
research report commissioned the Finnish Forest Association. The
report found that the general confidence in the industry is returning
after a tough few years.
Some
76 per cent of those questioned said they felt confident in Finland’s
forestry industry’s international competitiveness. This was up from
just 61 per cent who said the same back in 2007.
There
was also a discovery that three quarters of the people questioned
agreed that forestry by-products should be increasingly used in
biomass power stations to generate energy.
FRA’s
analysis partner, Peter Collins, said, “We very much welcome the
news that the outlook among Finland’s forestry industry is more
positive than it has been in recent years.
“We
hope that this signifies the start of a new period of prosperity for
the industry and that investors will be drawn to the asset class as
an alternative to stocks and shares.”
FRA
supports investment in forestry as an asset class and claims that it
has regularly outperformed equities over the past ten years or so.
Collins added, “With the increasingly volatile nature of
traditional investments, it’s no wonder that wise investors are
looking for new places to invest their cash."
FRA
supports timber investments through sustainable plantations that
provide the chance for investors to buy up areas of forest and
support the forestry industry and the communities that rely on it.
About
Forestry Research Associates
Forestry
Research Associates is a research and advisory consultancy that
focuses on forestry management, sustainability issues and forestry
investment around the globe.
Media
Contact:
Peter
Collins
Forestry
Research Associates
620
Vineyard Lane
Bainbridge
Island, WA 98110
(206)
316 8394
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