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In 2011 we launched in Uruguay the first forest-trust public offering, Bosques del Uruguay I, for a total of 50 million dollars. With this venture we sustainably produce 2.76 million m3 of eucalyptus wood for sawmilling and pulp production.
In 2015 we created Bosques del Uruguay II, a second forest-trust in Uruguay, with a 70 million dollar investment and an expected return rate of 8,78%. We expect to produce 3,6 million m3 of wood for sawmilling, pulp and energy to be sold in the Uruguayan and international market.
Bosques del Uruguay III is the third forest-trust launched by AF in 2016. We manage 45 thousand hectares of workable land and 30 thousand of pine and eucalyptus forests with a sustainable and productive approach. We expect a production of 10.4 million m3 of wood for sawmilling, pulp and energy.
Bosques del Uruguay Iv is the fourth forest-trust launched by AF in 2019. We manage 61 thousand hectares of workable land and 38 thousand of pine and eucalyptus forests with a sustainable and productive approach. We expect a production of 35 million m3 of wood for sawmilling, pulp and energy.