Brazilian timber attracts foreign investors

With information from the newspaper O Estado de Sao Paulo, the IG portal featured this sunday an article about investment in brazilian timber. The articles shows how this company bought land in Brazil and developed a fund to plant and sell brazilian wood. According to the them the return on the investment happens in 3 years.

Below are parts of the article:

Investing in Brazilian wood can yield more than application in gold and be more interesting than the U.S. Treasury securities. The announcement seems exaggerated. But the message is that dozens of investment funds are launching in rich countries, looking for people interested in investing their money. With the housing industry imploded in rich countries and doubts about traditional applications, companies have created alternative segments, the case of Brazilian wood.

One such company is Greenwood, who created what it calls “Project Acacia.” A foreign company bought five areas totaling 2,3 thousand hectares for planting trees sustainably. This area is in the state of Bahia.

The interested person applies their money to buy  areas in these lands of the company symbolically, and when it’s time to sell the  wood for the Brazilian domestic market or export, that ensures the return on the investment. The dividends, according to the company, will begin to appear within three years. Per acre acquired, the investor pays 6200 euros. Packages can reach up to 505 thousand euros.

To read the full article, click here.

To find out more about the company, click here.

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