Companies in the timber industry / Daily News / Market Analysis / Furniture / Lumber / Sawmilling / Statistics / Wood Products / Africa / China / Global
June 22, 2017
Huge Chinese investments in Gabon’s timber industry
Yihua Enterprise (Group) Co Ltd announced that is going to expand its business in Africa with a $1 billion investment in Gabon, on the west coast of the continent. The Guangdong-based company signed an agreement on the joint development of Gabon's timber industry with its government last month. The planned projects include an international timber trade center, more deep processing factories and a timber museum, according to Ecns.com. Yihua has two listed companies, Yihua Life and Yihua Healthcare. Yihua Life is a leading furniture designer and manufacturer in China ...
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