The private sector in Bohol would now attempt to venture into reforestation program, through the PSALM Project, that could be sustained even beyond the 25 year period of the lease agreement.
It aims to leave a legacy of increased forest cover on Bohol’s denuded forestlands. The proposed project shall be a pilot project on private investor led timber plantation. The scheme shall not cost financial investment from the government as funding and management shall be coming from the private sector. The scheme will demonstrate the private sector capability to undertake upland development within the context of reforestation.
PSALM shall adhere to the basic principles of sustainable forest management and the development protocol shall work around a watershed-based integrated ecosystem management approach.