The Belarusian forestry industry is planning to boost exports to $140-145 million, Forestry Minister of Belarus Mikhail Amelyanovich told reporters on 15 September, BelTA has learned.

“This will be the record volume of foreign currency proceeds in the recent years,” the official stressed.

The previous target for the forestry industry was $130 million. According to Mikhail Amelyanovich, in January-August 2011 forestry industry’s exports went up 1.5 times over the same period last year. Thus, by the end of the year forestry companies are expected to double foreign currency proceeds against 2010 to $140-145 million.

To date companies of the forestry industry do not have enough wagons of the rolling stock. In order to save foreign currency proceeds, the companies increase output and minimize problems with the rolling stock. Thus the volume of foreign currency proceeds will not slim down.

Revamping production facilities will help raise the output of goods with higher value added and raise foreign currency proceeds.