The wood industry is Caraga’s primary industry. The region supplies
nearly 70 percent (70%) of the country's wood supply demands.
As the country’s timber corridor, the development of the region’s wood industry is expected to boost economic
development for Caraga. The region has a total land area of 1,913,842 hectares, with 1,331,491 hectares of forestlands (70%)
and 582,351 hectares alienable and disposable lands (30%).
wood industry has the biggest investment potential of at least P50 billion. More than 100,000 hectares from big companies
are available for tree plantation projects. Currently, the PICOP Resources, Inc.
is the biggest wood processing plant with pulp and paper mill in the region. It
has 60,000 hectares available for tree plantation projects. In Community-Based Forest Management Program (CBFM) areas, the
Department of Environment and Natural Resources (DENR) identified a total of 66,069 hectares available for tree plantation
projects. There are also a total of 375,509 hectares of untenured forestland
Other promising investment areas are in wood processing for plywood, veneer, wood boards, wood poles, lumber and wood
Currently, Caraga has 51 wood-processing plants,
43 lumber dealers, 8 local log dealers, and some small-scale band saw operators.
a strategy for expansion, the Wood Cluster will lobby for the implementation of stable policies and programs in the areas
of production, marketing, financing, and technology.