Togo: Wood sector contributes 11% to GDP

Economic governance
Thursday, 03 June 2021 16:11
Togo: Wood sector contributes 11% to GDP

(Togo First) - Wood production contributes 11% of Togo’s GDP, a study by FAO indicates. These are mainly wood fuels, sawn timber, poles and posts, and forest products including medicinal plants, fodder, household utensils. 

In addition, the first national forestry inventory conducted in 2016 indicates that timber trade generates about CFA7.77 billion per year. This report notes that in 2015, the exploitation of forest resources in Togo contributed 18.32% to GDP and created 9,095 direct and indirect jobs in the forestry sector between 2013 and 2014.

In the country, timber, firewood, charcoal, and even non-timber forest products (shea butter, honey) are mainly used by rural and urban populations, every day. 

Togo, let’s emphasize, has adopted the National Forestry Investment Plan (PNIF), a 5-year (2018-2022) plan valued at CFA60 billion. It aims to protect and improve the country’s forest ecosystem.

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