The South Australian Government said a failure of companies to meet selection criteria means a third round of applications for funds under the South-East Forestry Partnerships Program will open in March. Source: ABC News
Forests Minister Leon Bignell said four south-east timber companies would share in $4.5 million from round two.
A further $7.1 million is yet to be allocated.
Mr Bignell said the funds must be used for value-adding. He said the money would contribute to projects worth more than $20 million.
“Circa Group, Carter Holt Harvey, McDonnell Industries and Roundwood Solutions,” he said.
“So companies that are planning to do more innovative work in the south-east so that we can keep and create jobs in the south-east but really important to make sure we use the wonderful timber resource we have in the south-east.
“We would’ve love to have it out in this round but you can’t just give out grants when people haven’t met the criteria, so we’ll go back and we’ll talk to industry, we’ll talk to proponents and get them to work on proposals that will meet the criteria.”