NEWS
Forest simulator supports emerging forestry entrepreneurs
Single Coat Oil-Based Wood Stain
Protects , nourishes and colours wood in one easy application
An innovative decision-making support tool for small scale forestry entrepreneurs and larger , existing timber growers has been born out of the Forest Sector Innovation Fund ( FSIF ) administered by Forestry South Africa .
The FSIF – one of nine sector innovation funds awarded by the Department of Science and Technology – is aimed at increasing national competitiveness , employment opportunities and private sector contributions to research and development .
The South African Forestry Charter prioritised the entry of a large number of new black-owned enterprises , and identified the industry as a catalyst for empowering rural black communities by facilitating access to economic activities , land , infrastructure , ownership and skills . However high initial capital investment extended investment periods owing to rotation lengths and the overall risks associated with forestry make it difficult for small scale growers to enter the industry . New entrants are also restricted by a lack of information about forestry operations and the associated costs , therefore preventing them from accurately estimating profitability and business sustainability .
The Forestry Enterprise Simulator ( ForEntSim ) was designed to assist small growers in evaluating the feasibility and profitability of forestry enterprises and activities throughout the rotation length . It is a joint initiative by the Department of Forest and Wood Science at Stellenbosch University , the Institute for Commercial Forestry Research and the Forest Economic Service .
The simulator is an open source web-based application for small growers and entrepreneurs interested in entering the industry and helps them to calculate the net present value , equivalent annual income , land expectation value and internal rate of return of one hectare of plantation based on income and costs . It provides an exante simulation of enterprise ventures to test viability and capital requirements to identify potential improvements that will increase profitability .
The ForEntSim is an excellent example of how public-private partnership between the forestry industry , its research partners and the Department of Science and Technology have collectively contributed to strengthening the forestry industry , nationally and abroad .
It can be accessed at www . forestsim . com . Interested parties are encouraged to make use of the simulator and share their ideas regarding its functionality .
Can be used on all types of untreated wood for both interior and exterior application
Easy to apply in one single coat
1 litre covers up to 50m ²
Proudly made in South Africa
Low VOC ’ s
Wide colour range with over 60 colours to choose from
Good stock levels and quick turn around time
Competitively priced Great quality product Great service
+ 27 11 444 7221 www . jaxoleum . co . za info @ jaxoleum . co . za
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// FEB / MARCH 2017 11