Global Significance of Teak – Present and Future

Global teak support program by IUFRO, TEAKNET and FAO underway

Experts from the Asia Pacific region and from overseas convened in a side event at the Asia-Pacific Forestry Week, in Pampanga, Philippines, on 24 February, to discuss the way forward in promoting teak (Tectona grandis) as one of the major high-value tropical timber species. Current trends show that global demand for and importance of teak will significantly increase as a business opportunity for the private sector and as a means of income for smallholder farmers. Read more…