Ghana
faces
the
risk
of
spending
millions
of
cedis
on
timber
imports,
as
75
out
of
100
local
timber
manufacturing
companies
have
collapsed
due
to
continuous
forest
destruction
by
bushfires.
Players
within
the
timber
industry
warn
that
the
remaining
25
companies
in
the
Western
North,
parts
of
Eastern
and
Central
Regions,
are
struggling
to
secure
raw
materials
for
production,
fearing
imminent
closure.
Chief
Executive
Officer
of
the
Ghana
Timber
Millers
Organisation,
Dr.
Kwame
Asamoah
Adam,
highlighted
these
concerns
in
an
interview
with
Citi
Business
News.
“Now,
in
terms
of
the
numbers,
the
medium
to
large
size
companies,
most
of
them
have
collapsed.
So,
coming
from
a
figure
of
about
100
companies
now,
you
have
just
about
25
that
are
surviving,
operating,
exporting,
and
also
providing
employment.
”
He
added
“Now,
in
terms
of
the
materials
that
are
coming
in,
in
terms
of
round
logs,
it
has
reduced
in
quantity
from
about
1.2
million
m³
about
20
years
ago
to
now
just
around
500,000
million.
The
reduction
in
raw
materials
is
attributed
mainly
to
a
decline
in
the
production
areas”.
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