Projects Foresta will only enter local markets to acquire land rights and develop projects with strong local partners. Forestry investment demands highly secure land tenure over long periods of time. In addition to extensive due diligence on any prospective property, the company will collaborate with strategic partners in each country in which it invests. This is intended to reduce political risk, such as rent-seeking by local authorities, improve security and streamline transactions.
Foresta will evaluate land rights strategies on a case by case basis to maximize shareholder value and mitigate risk. It will determine, for example, the merits of purchasing land or executing long-term leases. Management will also evaluate the ability to reduce capital requirements by acquiring land rights by offering local landowners an equity stake in projects by providing their lands "in kind" and benefiting from capital gains upon a liquidation event.
Management has an extensive network of local contacts in countries where it is targeting investment, consisting of business managers, financial advisors, lawyers, NGO administrators, and government officials. The founders' unique background in international business, international development and the forestry industry will enable the company to source a steady pipeline of projects subject to rigorous due diligence. We have local partners on the ground and able to assist with the sourcing of medium and large size forestry projects in the following countries in Latin America:
Colombia, Peru, Brazil, Argentina, Bolivia, Ecuador, Costa Rica, Guatemala, Nicaragua, Panama, Honduras, Mexico, Paraguay, Uruguay, Chile and the Dominican Republic.
