Private investment in forestry means:
Correct answer: C. Both (a) & (b)
- A. Encourage corporate forestry by providing easy credits, public land leasehold concessions and other facilities
- B. Consider the possibility of issuing government bonds to attract private capital for funding big forestry projects
- C. Both (a) & (b)
- D. None of these
Explanation
Private forestry investment may be encouraged through corporate-forestry incentives such as credit and land concessions, as well as government bonds for large projects. Both approaches mobilise private capital for forestry.
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