Exports of logs were up by a staggering 80.77% last year over the figure in 2013, according to the 2014 annual report of the Guyana Forestry Commission (GFC).
Tabled in Parliament recently, the log export figure will add to concerns that Asian investors are creaming off low priced logs without adding value in line with their commitments.
In value, the log exports were up by 96.3% in 2014 compared to the preceding year. Logs were the number one export earner