LETTER OF INSTRUCTION NO.145, November 08, 1973

[ LETTER OF INSTRUCTION NO.145, November 08, 1973 ]

TO: The Chairman and Members President Committee on Wood Industries Development

Pursuant to Proclamation No. 1081, dated September 21, 1972, and in order to accelerate the rehabilitation of extensive denuded and degraded lands of the Philippines, to help ensure a wholesome ecological and to broaden the resource base of wood industries, you are hereby directed to work out and submit within three (3) months a program of promoting the development of industrial plantations and tree farms by undertaking the following:

Survey and inventory all available public forest lands to determine such areas as might be suitable for industrial plantations and tree farms;

Re-evaluate all pasture leases and permits and untitled alienable or disposable lands with the view of determining which should be converted partly or wholly into industrial plantations and tree farms;

Formulate incentives to attract investors to go into industrial plantations and tree farms ;

Determine sources of funding to finance industrial plantations and tree farmings; and

Promote cooperatives and/or joint ventures for industrial plantations and tree farms.

Done in the City of Manila, this 8th day of November 8th the year of Our Lord, nineteen hundred and seventy-three.

(Sgd.) FERDINAND E. MARCOS President Republic of the Philippines