Sicirec Bolivia Limitada
The project is managed by Sicirec Bolivia Limitada, which employs a team of 39 people to run the project and is the official owner of the other 50% of timber profits. Sicirec Bolivia helps farmers to choose the most suitable trees, monitors operations, helps farmers to maintain the trees, then thins them, transports and processes the timber, before selling it for the benefit of farmers and investors.
The team in Bolivia includes climate change specialists, qualified foresters, professional agronomists, experts in monitoring and quality control, economists, and a sociologist. Details of key staff can be found here.
Over the past three years, Sicirec has initiated a number of projects with development organizations (Hivos, Cordaid, IUCN NL, Trees for All) in reforestation, microfinance and community based forestry. The total value of the projects implemented, or under implementation by SICIREC Bolivia, amounts to 7.6 million Euros.
Sicirec Bolivia also has agreements on knowledge transfer with two universities and the Bolivian Institute for Forestry Research. Sicirec Bolivia also contributes technical advice to local authorities and contributes to the improvement of regulations in the sector.