Home Forest First Colombia Forest First Colombia In brief Forest First Colombia is establishing a large-scale forest plantation in Vichada Province, Colombia. The Company will plant its land area with fast-growing hardwood tree species for various uses such as pulp, bioenergy and fibreboard. The Company uses modern technology and sustainable forest management practices and has an experienced international forestry management team. All native forest areas are set aside for conservation purposes. Main development impact In addition to contributing to climate change mitigation, FFC employs a significant number of people both directly and indirectly. Despite the early stage of the project, FFC already contributes to the Colombian economy by purchasing locally and paying taxes. The company works with local communities to improve healthcare, education, skills development and entrepreneurial opportunities. The company manages its forests sustainably and will certify them (FSC) before starting the harvesting operations. Investment details Name: Forest First Colombia Project number: 80000058 Region: Latin America and the Caribbean Country: Colombia Sector: Forestry Signing date (month/year): August 2017 Currency: USD Finnfund's financing (commitment): 10,000,000 Size of the project financing: USD 80,000,000 Share of Finnfund's financing (%): 11,10 % Status: Active Website: www.forestfirst.com Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.August Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: Forest First Colombia Sector: Forestry Region: Latin America and the Caribbean Country: Colombia Currency: USD Finnfund's financing (commitment): 10,000,000 Signing date (month/year): August 2017 Last update: May 2019