Forests NSW Corporatisation
In May 2012 the NSW Government announced it would make Forestry Corporation a state owned corporation (SOC). This change took effect on 1 January 2013. The new Forestry Corporation of NSW will remain publicly owned and the nature of the business and business relationships will remain largely the same but the governance structures will change to improve the organisation's commercial performance.
As a state owned corporation under the direction of a skilled commercial board, the Forestry Corporation of NSW will be able to focus sharply on its core business of growing and harvesting timber to meet the community's needs for hardwood and softwood products while still providing recreational opportunities for the people of New South Wales.
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