About SilviPar
SilviPar AS was established in 2013 with the aim of developing a sustainable plantation forestry system in the southern Paraguay region of Itapua, capitalizing on the unique climatic and biological conditions of the area. Through extensive experimental and semi-operational trials over the past decade, SilviPar has successfully expanded its plantation area to an operational size.
In 2021, SilviPar joined forces with Astarte Capital Partners to create the SA Impact Forestry Fund (SAIFF), an investment platform that allows it to attract capital and finance the expansion of its forestry assets. SAIFF is vital for SilviPar to achieve its ultimate goal of establishing a sufficient base of raw wood material that will attract investment in foresty and drive development and prosperity in the region.
SilviPar has secured support from a diverse range of investors, including family businesses, international institutional investors, pension funds, and global asset managers, all of whom adhere to high sustainability standards. This collaborative effort towards sustainable development highlights SilviPar's commitment to environmental stewardship, economic growth, and social responsibility.
Key Facts
LAND
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80,000 hectares total project area
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18,000 hectares planted (Dec '23)
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52,000 hectares target planted area (at full scale)
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>700,000 hectares suitable land for planting in the region
EMPLOYMENT
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20 direct employees - a world class team
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3,000 total full time employees (including contractors)
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> 30,000 total jobs created in the region (at full scale)
CLIMATE
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60 ha./day afforestation rate (equivalent to 120 football fields)
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25% of land a natural reserve zone, dedicated to biodiversity restoration
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600,000 tons of CO2 equivalent sequestred so far
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>18,000,000 tons total CO2 sequestration target
Paraguay boasts a rapidly growing economy with a strong agricultural sector. It has one of the highest economic growth rates in the region, driven mainly by its agribusiness exports such as soybeans, corn, and wheat. The economy is also heavily influenced by its hydroelectric power generation, which provides the country with cheap and reliable energy.
Between 2004 and 2017, Paraguay has had a sustainable economic growth with an average rate of 4.5% annually and its middle class has almost doubled since 2003. Following a downturn during the Covid pandemic, the country is back on track in 2021 with GDP growth of 4.2%.
Paraguay’s economy is poised for growth, driven by its abundant natural resources, strategic geographic location, and pro-business environment. The government has implemented economic policies and reforms to improve the business environment and attract foreign investments.
Despite its economic growth, Paraguay still faces challenges related to income inequality, poverty, and corruption.
About Paraguay
SilviPar’s operations are located in the south-east corner of Paraguay, in the provinces of Itapua, Caazapa and Missiones.
The dominating natural vegetation types in this area are humid savanna, Atlantic Forest and wetlands, of various types. The land use is traditionally low intensity cattle ranching.
There is also agriculture in the region, on the higher located ridges soy, wheat and corn have been grown but it is only recently that these crops have expanded into the lower lying so called terrace area. In the terrace areas, rice has been the main crop, as it requires an abundant access to water.
The region in sparsely populated with a few larger communities. The largest city in the region is Encarnación, located some 50 kilometers, from SilviPar’s office in Coronel Bogado.
Where we operate
Meet the Team
The Silvipar team has deep expertize in developing large-scale forestry projects globally, and in implementing international best practices for social and environmental businesses.
Our experience spans many decades and geographies such as Paraguay, Brazil, Mozambique, Chile, Laos, Sweden, Russia and Canada. More than 9,000,000 hectares of forests have been developed and managed by our members.