The company has applied to establish Barama Housing on a 47,314ha site of Guyana state forest. Opponents have questioned why Barama needs another forest concession for value-added processing when it already has millions of acres in the north-west.
Barama, which is owned by Samling in Malaysia, plans to invest US$6m and says the new company will employ 150 people.
The Guyanan government will have to grant an environmental permit. Barama is proposing a 40-year cycle of 15 years of sustainable logging followed by a 25-year fallow period.
