The TPFP is a credit assistance program under the forestry sector for the expansion, harvesting, maintenance and protection of existing tree plantations with at least 4 year old standing trees in at least 1% of the plantation area of qualified private and public land. The plantation is a designed and planned area of pre-identified tree species proven to be compatible and thriving in the area covering both lowland and forest lands.
Expansion of tree plantation
Acquisition and planting of major tree planting stocks (preferably cloned seedlings from certified nurseries)
Site development, including road system, where necessary
Maintenance and operating expenses for the expansion of plantation
Look out tower
Other related expenditures
Existing tree plantation of at least 4 –year-old tree species;
Maintenance and protection expenses – fertilization, pest control, weeding, strip brushing, and related expenditures.
Harvesting of fruits or mature tree species (provided replanting is undertaken)
Processing and Post Harvest facilities including expenses for harvesting equipment, hauling, delivery, kiln treatment plant, fruit processing plant, and related expenditures.
Duly registered existing operators with at least 4-year-old tree plantation such as:
Industrial tree plantation companies
Integrated Forest Management Agreement (IFMA) holders-members or accredited by the Philippine Wood Producers Association