South Punjab Forest Company
A Public Sector Company registered under Section 42 of the Companies Act, 2017
South Punjab Forest Company (SPFC) is a subsidiary of the Forestry, Wildlife & Fisheries Department, Government of Punjab, established under section 42 of the Companies Act 2017, with the Registrar Joint Stock Companies, Lahore. The Company aims to seek private investment alongside public money, for raising tree plantations, to reduce deforestation in Punjab and to combine forest conservation with sustainable economic development. SPFC has been assigned a blank area of 99,077 acres mainly falling in D.G. Khan and Bahawalpur Civil Division across five districts, which include Bahawalpur, Rahim Yar Khan, Rajanpur, Muzaffargarh and D.G. Khan.
SPFC aims to combine socially and environmentally responsible forestry investments with unique potential for stable and attractive returns through participation in the value chain of competitive and sustainable industries. Selected investors will invest in trees and other timber related assets with an emphasis on investments in high biological growth plantations and will be aligned with the three pillars of SPFC's business philosophy:
- Social and environmental sustainability
- A balanced portfolio of wood fibre end-uses
- Cost and quality competitive Projects
The approach will generate both long-term capital appreciation for partners and an attractive and sustainable income yield. In future, SPFC will seek investments in forestry projects that are or will be certified by a reputable forest management certification scheme.