Bell Says Breakthrough May Be Underway In Lumber Sales To China
By 250 News
China - Forest Minister Pat Bell says he believes that the construction of a six storey apartment block in China is," the breakthrough we have been looking for".
The province and the federal government will partner up to build a six story apartment in China in a joint partnership deal.
The province and the federal government will then recover much of the cost in either renting the facility or selling the units.
Bell says the Chinese are building 6 million homes a year, which is far more than the 2 million that were being built in the best years in the USA. The current market in the US is about ½ million starts this year.
Bell says the small companies like Carrier and Dunkley lumber have been heavily involved in trying to extend sales into the market. "They have been very aggressive on this trip", Bell says.
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Raw logs exports don't count ...
This used to be a cash town, Pat