According to the Ministry of Environment (MMA), granting the harvesting concession will stimulate the local economy through creating jobs. The delimitation of the concession areas was made according to management plans prepared by the Chico Mendes Institute for Biodiversity Conservation (ICMBio).
The successful bidders will have the right to manage the areas for sustainable production of timber and non-timber forest products for 40 years. Public forests are part of the national heritage and are administered to maintain environmental services that provide and generate socio-economic benefits.
The call for bids will be open until November, 2013.
A minimum $16.38 is to be offered per cubic metre, a value determined on the basis of market studies and forecast production costs taking into account the minimum should be attractive enough to mobilise investment.