It is with great honor that I present to you the "Guide for Investment in the Forestry Industry in Argentina", which describes some of the advantages that Argetina offers in the Forestry sector.

The potential growth in this sector makes it one of the most attractive productive activities in Argentina. The attractiveness of this sector is based on 4 aspects:

- Unique forestry potencial: due to high rates of plantations, and large areas of virgin land suitable for forestry at very low price: In addition, the Country offers a great variety of climates, solis and species.

- Incentives for Forestry investment: the law 25.080 that creates the framework for investment in the forestry sector, establishes a fiscal and exchange rate stability, an economic non-refundable support and very favorable tax treatment for projects in this sector.

A sound legal framework for forestry investment: which guarantees the stability required for forestry investors.

- Non restrictions for foreign investment: The foreign have the same legal treatment as local investors.

All these factors explain the remarkable investment growth in the forestry sector of US$ 3.000 million during the last decade, and a projected investment of US$ 4.000 million for next 10 years.

One of the strategic objectives of the Argentina Government is to promote the development of the forestry-industry, focusing its in the consolidation of the legal framework, offering investment opportunities, and improving the regional infrastructure.

It is also with great pleasure that I invite you to see in more detail, through this guide, about the attractiveness that the Argentine forestry sector offers.

Finally, I would like to invite all investors to take advantage of the great business opportunities that Argentina offers in this industry.


Sincerely


Ricardo Barrios Arrechea
Director of National Forestry Policy
Secretariat of Agriculture, Livestock, Fishing and Food