The Victorian government will invest $120 million in a soft timber plantation in the state’s southeast.
Hancock Victorian Plantations will match the spending to buy, lease and manage more than 14,000 hectares of softwood plantations.
FILE PHOTO: A worker inspects lumber on a conveyor belt at West Fraser Pacific Inland Resources sawmill in Smithers, British Columbia, Canada February 4, 2020. Reuters/Jesse Winter
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Australian Associated Press is an Australian news agency.
