About
Busoga Forestry Company (BFC) Ltd is a subsidiary of Green Resources AS (GRAS), Africa’s leading Forestation Company and a leader in East African wood processing. GRAS owns 40,000ha of standing forest in Mozambique, Tanzania and Uganda, established through its own planting activities. It also operates East Africa’s largest sawmill in Tanzania, transmission pole treatment and charcoal plants in,Tanzania and Uganda. GRAS is also one of the first global companies to receive carbon revenue from its plantation forests. BFC was established on 14 March 1996 with registration number 31967, and Uganda Investment Authority License number ASD/254/42101. It is a fully paid up member of the Uganda Timber Growers Association, the Uganda Manufacturers’ Association and is a registered tax payer with Uganda Revenue Authority.
It has established forest plantations in Bukaleba and Kachung Central Forest Reserves (CFR), in the districts of Mayuge and Dokolo, respectively. The company holds two 50-year renewable tree planting licenses to establish and manage forest plantations on 6,466ha in Bukaleba CFR, in Mayuge district on the shores of Lake Victoria and 2,669 ha in Kachung CFR in Dokolo district, North of Lake Kyoga.
The company started industrial operations in 2010 with installation of a pole treatment plant at Masese industrial area in Jinja, producing power distribution poles and treated construction timber.
BFC uses wood from existing and new plantations to produce high-value-added products based on the needs of their customers. The company follows the highest corporate social & environmental standards including principles and criteria for responsible forest management. BFC aims at becoming an attractive alternative for investors otherwise reluctant to invest in emerging markets and are a favored partner for development organizations.
Mission
To become Africa’s leading forestation, carbon offset and wood products company for the benefit of its stake holders.
