COMPANY BACKGROUND

GPFL was formed with the primary aim of establishing Tasmanian blue gum hardwood plantations in the Green Triangle Region to produce high quality hardwood chips for Oji Paper Company. The tree crops currently being planted will generate export income after harvesting by GPFL, about 10 years after planting.

In the first five planting seasons, targets have been achieved while GPFL undertook evaluation of the wide range of soil and site conditions in the region for growing economic tree crops. GPFL aims to acquire at least 10,000 ha of hardwood tree crops over a 10 year period, mainly Tasmanian blue gum (E.globulus) species. This target area could increase, depending on environmental and site characteristics in the Green Triangle Region, and our efforts to develop alternative species or better genetics for some of the soils in this region.

The basic philosophy of the company is to work and grow together with local communities and community groups. To this end GPFL is leasing land from local landholders under a  Forest Property Agreement and each land holder receives a competitive annual lease payment which is linked to CPI for the term of the agreement. This term is approximately 20 years or two crops.  

GPFL can provide farmers with a guarantee to harvest, and a market for the tree crop, backed by the financial and forestry resource of the three (3) leading Japanese companies. This provides farmers with the assurance that the tree crop grown on land leased to GPFL has an assured market, and security of payment. The company, through the ability to finance the tree-farming program  money, is focussing on growing economic tree crops.

The GPFL project concept, which can be integrated with current farming activities, is designed to prevent further land degradation and soil erosion on farms and within catchments as well as help reduce salinity and waterlogging. The farmers involved in the project benefit from the shelter, environmental and landscape improvements to their farm and catchment as well as receiving the annual payment for the land on which the tree crop is established.

The company strongly supports the Victorian Governments "2020 Vision" with its aim to treble Victoria's plantation estate over the next 25 years. 

The effects of the Vision on rural communities include:

Forest Property Agreement
The FPA is a legally binding agreement between GPFL and the landowner. It indicates each
party's obligations and the terms of the agreement.
To see an outline of the Forest Property Agreement click here.

CONTACT DETAILS:
 GPFL is based at 
151 Percy Street
PORTLAND   VIC   3305
ph:  03 5523 3466                                
                                          fax: 03 5523 4766              

         email:info@gpfl.com.au            
                  

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