"We are excited to welcome the ECO2 Forests US Sustainable Forest Program to the Truckee Meadows. This project involves the reforestation of 14,000 acres of land across seven projects in our region and will be a tremendous boost to our community both economically and environmentally," Reno Mayor, Bob Cashell said today.
"Not only does the program support the City's Green priority, it will create hundreds of jobs for the local community for up to 50 years. ECO2 Forests will also provide a significant revenue injection into the local community through infrastructure development from local contractors
"We are honored that ECO2 Forests' first project on US soil is in Washoe County and look forward to the positive impact that will be gained within our community from a project of this size."
The announcement on 6 April 2010 has had immediate and positive support from the local community.
"ECO2 Forests has had an amazing response since our announcement that our first US Sustainable Forest Program will be here in Washoe County, from Mayor Bob Cashell and the positive media reports to the numerous employment applications we have already had through our website," ECO2 Forests Collie Christensen said today.
The 14,000 acre project, known as the US Sustainable Forest Program, is intended to result in up to 3 million Kiri Trees planted on US soil across 7 projects in Washoe County. Each project is forecast to contain approximately 2,000 acres of land to be forested, the first being the Smoke Creek Project, which is planned to commence immediately.
The Washoe County US Sustainable Forest Program is forecast to produce in excess of $220 million of revenue per year and is anticipated to deliver long term returns for shareholders.
Direct investment opportunities into the US Sustainable Forest Program are now available to suitable accredited Investors. Eligibility is subject to US state and federal regulation. All details are located through the 'Investors' portal on the ECO2 Forests website, www.eco2forests.com.
About ECO2 Forests Inc.
ECO2 Forests is a
Headquartered in Sacramento, California, the Company has adopted an 'E4 Philosophy' to achieve positive Environmental, Economic, Employment and Educational outcomes through its projects.
For more information please visit www.eco2forests.com.
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