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| Romanian timber 'still in demand in the Middle East' |
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2009/4/24
Increasing demand for timber in Middle Eastern construction projects is increasing the availability of the substance in the area, it has been claimed.
Speaking to Construction Week, Jitendra Bhatia, managing director of TIC, explained that the recession has also led to an increase in the amount of wood available in the Gulf Cooperation Council region.
He stated that as this area is one of the few in the world where construction projects are still taking place on a large scale, vendors are keen to ship their product to the Middle East.
"Plywood is typically sourced from Indonesia, China and Brazil; softwood timber from Chile, Austria, New Zealand and Romania. To name but a few [sources]," he said.
There are never any real shortages of any material, Mr Bhatia added.
Earlier this year, Henrik Nieminen, spokesperson for Finnish company Torantor told the Business Standard that the firm will be looking to increase the amount of forestry land it owns in Romania.
It currently holds 6.3 million hectares, ACT Media reported.
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| Source: KMS Baltics |
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