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South Punjab Forest Company information


South Punjab Forest Company
IndustryCommercial Forestry[1]
FoundedSeptember, 2015
Headquarters
Lahore
,
Pakistan
Key people
Awais Leghari (Chairman),[2] Tahir Rasheed (CEO)[3]
Websitewww.spfc.org.pk

South Punjab Forest Company (SPFC) is a subsidiary of the Forestry, Wildlife & Fisheries Department, Government of the Punjab[4] and operates on Public Private Partnership (PPP) mode. The company is created under the visionary leadership of Mian Muhammad Shahbaz Sharif, Chief Minister Punjab and spearheaded by Awais Ahmed Khan Leghari, Chairman, South Punjab Forest Company (SPFC). One of the main objectives of the organization is to streamline public and private sector investments in the forestry sector, so that deforestation can be reduced in Punjab, and forest conservation and sustainable economic development go hand in hand. SPFC aims to encourage investments in the forestry sector which offers low risk with high return. The land will be awarded to successful bidders for 15 years and further extendable to another 15 years subjected to satisfactory performance of investors. The project will be floated in the market for solicitation of expression of interest from the potential investors in June 2017. The land slots will be awarded to the successful bidders based on evaluation by the end of August, 2017. The Monitoring and Evaluation (M&E) of forest sites, awarded to successful bidders, will be done in collaboration with the Forestry, Wildlife & Fisheries Department, Government of the Punjab, as per the provisions of PPP Act, 2014, and The Punjab Forest (Amendment) Act, 2016. Revenue sharing will be done in this initiative. The Company in order to effectively reach out to the business community is organizing seminars in collaboration with various Chambers of Commerce & Industry to sensitize business groups to invest in the opportunity.[5][6][7][8][9][10]

  1. ^ firm keen on, commercial forestry. "South Punjab Forest Company: Firm keen on development of commercial forestry". tribune.com.pk. The Express Tribune. Retrieved 10 March 2017.
  2. ^ chairman, spfc. "South Punjab Forest Company (SPFC) - Board of Directors". www.spfc.org.pk. SPFC. Retrieved 13 March 2017.
  3. ^ ceo, spfc. "South Punjab Forest Company". www.spfc.org.pk. SPFC. Retrieved 13 March 2017.
  4. ^ invest, green future. "Investing in a green future". tns.thenews.com.pk. The News. Retrieved 10 March 2017.
  5. ^ spfc, icci seminar. "SPFC organises inception seminar at ICCI". dailypakistan.com.pk. Daily Pakistan. Retrieved 10 March 2017.
  6. ^ SPFC and BOI, promote investments. "SPFC, BOI discuss steps to promote investments in forestry sector". nation.com.pk. The Nation. Retrieved 10 March 2017.
  7. ^ gov. looks, for investors. "Government looks for private investments in forests". tribune.com.pk. The Express Tribune. Retrieved 10 March 2017.
  8. ^ forestry, seminar. "Forestry Seminar". nation.com.pk. The Nation. Retrieved 10 March 2017.
  9. ^ SPFC seminar, LCCI. "South Punjab Forest Company holds inception seminar at LCCI". dailypakistan.com.pk. Daily Pakistan. Retrieved 10 March 2017.
  10. ^ Expats urged, to invest in green future. "expats urged to invest in green future". dailytimes.com.pk. Daily Times. Retrieved 10 March 2017.

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