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Natural Resources
April 15, 2009

Province Invites Expressions of Interest for Timber Resource
in Central Newfoundland

The Provincial Government has officially issued a call for Expressions of Interest for the commercial development of the timber resource in central Newfoundland and the establishment of a timber processing industry.

"This is an important step in determining the level of interest and potential economic development opportunities that exist in relation to the timber resource in the region," said the Honourable Kathy Dunderdale, Minister of Natural Resources and Minister Responsible for the Forestry and Agrifoods Agency. "This call will ensure that all those with an interest in developing the resource have an opportunity to bring their ideas forward."

All Expressions of Interest must provide a detailed conceptual development plan that outlines objectives, priorities and timelines for implementation of the proposed project. The Terms of Reference are now available at www.gov.nl.ca/nr/.  The deadline for submissions is May 22, 2009.

"We now have a significant portion of the central Newfoundland fibre resource available for new innovative economic development opportunities," said Minister Dunderdale. "We are seeking a proponent who has a viable development plan and vision that will assist in the return of a strong and sustainable forest industry in the region."

The Provincial Government announced its intention to seek Expressions of Interest for the former AbitibiBowater fibre on March 24. At that time, the province confirmed that no new wood allocations would be issued until a proper scan of potential opportunities was completed.

"This approach will ensure the allocation of the available fibre is done in a comprehensive, logical way that provides the best economic return for the people of the region," said Minister Dunderdale.

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Media contact:
Tracy Barron
Director of Communications
Department of Natural Resources
709-729-5282, 690-8241
tracybarron@gov.nl.ca 

2009 04 15                                                    10:15 a.m.
 


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