May 29, 2014. /Lesprom Network/. The German Development Bank (KFW) has contributed $0.85 million to the Forest and Wildlife department of the Ministry of Agriculture and Irrigation (Peru) to implement a sustainable forest management programme to improve the competitiveness of the sector, ITTO reported.

This first contribution and will be used for pre-investment studies of this programme and an assessment of is compatibility with the National Public Investment System.

The second phase of the programme involve another contribution of $49.4 million from KFW, of which $42.3 million will be a loan, and $7.1 million will be contributed by the Peruvian government.

Activities will be conducted in the regions of Loreto, Ucayali, San Martin, Amazonas, Madre de Dios, Cusco, Puno, Junin, Ayacucho, Pasco, Huanuco and Cajamarca, for a period of five years.