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Angola has a promising timber industry
Angola has a wide range of woodlands, with a forest area of 588,544 square kilometers and a forest coverage rate of 47.2 percent. The timber production is quite rich and there are many kinds of valuable timber, but there has not been a lot of development. It is predicted that natural timber resources will continue to oil, diamond after the economy will become a pillar industry in Angola.
The angolan economy is dominated by agriculture and mining, as well as oil refining industry, mainly located in the coastal area of cabinda. Food processing, paper making, cement and textile industries are more mature. Angola's economic potential is very high, partly driving the timber industry, and it has the potential to become one of the richest countries in Africa in the future.
The central plateau region of Angola is considered to be the core of the timber production industry, including the intersection of benguela, Willa, biya and huambo provinces. Angolan plantations of various exotic species, such as eucalyptus and pines, cover an area of about 148,000 hectares and trade by plant Numbers is approximately 17.45 million cubic metres, averaging 130 cubic metres per hectare, allowing 850,000 cubic metres of harvesting per year.
Angola has a promising timber industry, which can produce 326,000 cubic metres of natural woodland logs and 850,000 cubic metres of plantation wood. These output would add $150 million to the angolan national economy, representing between 0.1 per cent and 4 per cent of gross domestic product and 25 per cent of agricultural sector income. Of the 62,000 cubic metres of timber produced annually in 2012 and 2013, about 26,000 cubic metres of logs were exported to countries such as France, China, Italy, Spain, Germany and Poland.
In order to stimulate the development of the timber production industry, the angolan government has been taking relevant measures to improve the operating environment of the timber market. The angolan government implemented an industry plan to reshape timber, furniture and related products in 2013, and took steps to prepare and approve a new national law on forests and wildlife to replace the one currently in use in colonial times.