Forestry Industry Eyes Bid to Boost its Economic Growth to £2bn a Year by 2030

 A new strategy for Scotland’s forestry industries is seeking to harness the opportunities of natural wood fibre to double the  sector’s economic growth to £2 billion a year by 2030.

Launched by the Scottish Forest and Timber Technologies Industry Leadership Group, the Roots for Further Growth strategy sets out a vision for economic growth up to 2030. The strategy has five strategic priorities:

• Maximise the economic outputs of Scotland’s forest and fibre resource.

• Improve the safety and efficiency of the wood fibre supply chain.

• Expand markets and add value.

• Develop a workforce with skills for the future which supports inclusive growth.

• Understand and communicate the forest and wood-based industries’ contributions to Scotland’s economy.

Chair of the leadership group and chair of the BSW Timber Group, Martin Gale, presented the strategy to Fergus Ewing, Rural Economy Secretary, during a visit to Edinburgh Napier University’s Institute of Sustainable Construction, where they witnessed some structural testing of potential new wood products.

Mr Gale said: “I am delighted to launch the Roots for Further Growth strategy. The Forest and Timber Technologies sector is an important sector for Scotland’s economy. Over the last decade the sector has grown significantly and our ambition is to double our contribution to the Scottish economy by 2030. Continue reading “Forestry Industry Eyes Bid to Boost its Economic Growth to £2bn a Year by 2030”