State eyes Sh2.7bn relief from forest concession deals with private sector

The government projects Sh2.7billion savings in reforestation costs as it moves to open up public forests to private investors as part of a strategy to maximise returns from the fast-growing industry through concession deals.

Concession agreements give an individual or organisation the right to use a specific area in a national or county forest by means of a long-term contract for commercial forest management and use.

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