Taku Fisheries, the world’s largest wood-farming operation, is preparing for its largest ever forest sale, with the world largest number of trees being sold.
The company has sold almost 5 million hectares of trees to date, and is hoping that the sale of more of its land will help keep it afloat in a challenging economic climate.
Forest sales, also known as forest-based industries, are an emerging sector of forestry industry and are becoming increasingly important as climate change continues to increase the severity of drought, wildfires and other natural disasters.
While the forest industry has faced challenges in recent years due to declining forest cover, Taku hopes to use the sales to improve the livelihood of its 1,200 employees and their families.
Taku Fisheries is also aiming to increase its forest sales by purchasing more wood for the new, high-performance, eco-friendly Taku-1C engines, which are now in service in several countries.
In a press release, Tukan Fisheries says the Taku engines will help the company to achieve sustainable business models by increasing the performance of its products.
“In the coming years, we will invest approximately 4 billion dollars to enhance our production, and we will aim to achieve an annual increase of up to 4,000 tonnes per annum,” said Taku CEO Takako Kato.
At the moment, Takhino’s forestry operations are operating in a high-cost environment and have been unable to sustain their high production levels due to reduced forest cover.
More than 5,000 kilometres of roads, including the national highway linking the major cities of Taku, Toka and Muro, are currently in need of repair.
Although the Takhinos are working on increasing the number of employees, they have yet to achieve the goal of doubling their payrolls.
According to Taku fisheries, the company will also increase its investments in infrastructure projects and other capital needs.
With the sales, Takan Fisheries hopes to secure an extra 5,400 jobs and to increase production by up to 10,000 metric tonnes annually.
Currently, Tuka’s operations are focused on harvesting timber, as it is the largest producer of takan, a highly-tolerant and nutritious plant, as well as the world leader in sustainable agriculture.