Research Reports
Monitoring Financial Performances of Major Forest Projects

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AuthorSeok, Hyundeok
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Publication Date2007.12.01
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Original
We have recognized the importance of various functions of forest: purifying air, reserving water, and providing recreational opportunities. The Korea Forest Service recognizes these demands and responds by way of launching major forest projects. In order to efficiently respond to the demands, the Korea Forest Service is launching projects to monitor financial performances of major forest projects.
The purpose of this study is ultimately to drive a sustainable forest management by way of verifying problems of the forest projects and providing desirable solutions for the major forest projects.
The monitoring project consists of nine sectors: Forest Management Plan, Private Forest Management, Forestry Association Upgrading, Forest Product Marketing and Manufacturing Structure Improving, Forest Production Support, Mountainous Village Building, Supporting of Wood Utilization and Manufacturing, Supporting Forest Recreation Facilities, and Building Forestry Recreation Facilities.
Though several problems in each project are revealed, the monitoring results show that each project generally performs well. Most of the revealed problems are being fixed by way of feedback. Policy implications and future proposals for enhancing the performance of projects are also proposed.
Researchers: Hyun-Deok Seok, Young-Dan Kim, Hee-Yeon Hong, Beom-Seok Yoon
E-mail address: hdseok@krei.re.kr
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