Issues in Corporatization: with special interest on an auction system

David Pollard, CEO of VicForests

Friday, May 11, 2007

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The lecture will discuss the experience learned from Australia's state of Victoria, where the State government has set out new directions for forestry including the abolition of licenses for the exploitation of publicly owned timber, and their replacement with contracts for future supply - won in open competition via an auction system, conducted by a State-owned corporation charged with the commercial aspects of forestry in the State. The auction system has been a success in terms of rational pricing for the resource, driving value adding, and providing incentives for mergers among sawmills. There are still challenges.

Dr. David Pollard is the CEO of VicForests, the Victorian State owned corporation charged with the commercial extraction of timber from the State owned forest estate.