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Prospects for the forestry industry in a modern economy
2 June 2017

Despite the stable growth in forestry production, the sector’s contribution to Russian GDP remains below 1%. The Russian forestry development strategy for the period to 2030 is being finalized, and it is expected to result in more efficient manufacturers and enhanced value-added processing products. The priority objectives are access to raw materials, development of human capital, technological and scientific advancements, and improving the industry’s management system. How can new technologies contribute to reshaping the industry? How can we resolve the industry’s infrastructure problems? Will growing demand for timber housing spur a new growth opportunity?

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