Song Hieu Forestry and Agriculture Company Limited suffered great damage after storms and floods.
After the recent impact of storm No. 5, Song Hieu Agricultural Forestry Company Limited recorded serious damage to acacia and rubber forests and forestry infrastructure.
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According to preliminary statistics, about 20 hectares of acacia forest (4-6 years old) were broken, mainly at Nghia Dan Forest Farm, Quy Hop Forest Farm and Quy Chau Forest Farm. In addition, more than 10 hectares of commercial rubber, equivalent to over 7,000 trees, were also broken due to strong winds. A forest protection house collapsed and had its roof completely blown off.
In addition, the transportation system serving the transportation of forest products was also severely affected, with more than 26 km of road eroded and landslides. The total damage caused by the storm is estimated at more than 4 billion VND.
Mr. Nguyen Ngoc Hoang - Chairman of the Board of Members of the Company said: The unit is currently counting the damage. After the weather stabilizes, the company will start clearing the fallen forest area and planting new forests to replace it. Repairing and maintaining forestry roads will also be carried out to ensure that motor vehicles can access to transport raw materials.
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Due to damaged roads, the company is currently unable to exploit acacia for laminated wood production, directly affecting business operations and revenue.
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