Forest Agreements:
COTOPAXI, convinced that Ecuador must be a forest country, has created a program that helps and encourages afforestation and reforestation on land suitable for forestry.

The program will promote the signing of agreements between the company and the owners of the land within a participatory partnership with the option to be secured by a trust. In this mode, the owner decides how much involvement you want in the agreement, depending on the investment made during the development of the plantation. The owner's investment can go from providing land to the total cost of planting. On its side COTOPAXI provides, at least, plants and expertise for the establishment and management during the life of the plantation.

The owner may also choose to receive a return on investment for different maturities, thereby shortening the return of the same.

The forestry business is a profitable investment that caring for the environment, and an alternative to secure the future of coming generations.

 

 

FOREST TRUST

Need working capital for your land?

Join the group of constituents of the agglomerates COTOPAXI Forest Trust and receive important benefits. Reforest gives us environmental and economic benefits. There are many ways to explain the damage caused by the indiscriminate deforestation of native forests. Understanding the problem is easy, the difficulty has been to seek solutions to prevent the damage irreversible. Fortunately, this reality of inaction has been overcome and we now have a mechanism that has established clear goals and objectives for land agriculturally being underutilized or have been cleared, can be incorporated into the productive system by handling timber and economically efficient forest profitable.

A forest plantation is a source of wood raw material essential for a variety of industries. For this reason, it is a major investment in renewable resources and reserves for the future. In addition, owners of forest lands suitable for consolidating the possession and ownership of their land through legal shields as the Trust benefit from tax exemption from tax under the laws of Ecuador and become actors for sustainable forest development in the country.

Other benefits in environmental and social services are::

·          Capturing carbon dioxide.

·          Alternative source of native forests in the illegal extraction of such wood.

·          Contribution of scenic beauty, a mainstay for ecotourism.

·          Improvements in water quality.

·          Reduced risk of natural disasters, as they prevent soil erosion.

·          Increased recovery of native vegetation.

·          Provides energy resources (wood, charcoal, etc.).

·          Development and exploitation of non-timber products, etc.

With this background, the timber company Cotopaxi (Cotopaxi Furniture SA) with the support of CORPEI (Corporation for export promotion and investment) and the support of consultancy firms in the financial modeling for this purpose, have formed a Trust Commercial Management and Guarantee COTOPAXI called agglomerates so that, through its Trust, hold legal title and protect property and capital of its constituents (owners and investors).

 

COTOPAXI Forest Trust Objectives.

·          To ensure the return of capital and property investment to owners and investors.

·          Investment rates of return for investors and owner field.

·          Support the country's forest growth.

·          Implementation of forestry projects on lands of others and under agreements to join the trust.

·          Obtain optimal rates of cost-benefit in the process of planting and forest management.

 

AGLOMERADOS COTOPAXI Forest Trust Objectives.

·          Seek return of lands that are not being exploited and who are suitable for forestry.

·          Reach Confidence and transparency during the ownership transfer process.

·          Seek to protect their property rights and the return on investment.

·          Wish to retain their lands and make them productive.

·          Accomplish shared profitability for the owner and the investor.

 

We look for land:

·          That is not being used for agriculture production.

·          Extensions are between 2700 and 3600 meters above sea level.

·          Lands located in the central Ecuadorian Sierra region.

·          Lands belonging to blocks larger than 200 ha. intended for forest establishment.

 

Forest Convention Characteristics

·          Forestry investments are another alternative to the stock market.

·          It is more secure, tangible and profitable.

·          Allows you to make use of soils that are not currently productive agricultural crops.

 

TRUSTWORTHY

·          Owners become adherents of a Constituent Forest Trust.

·         By providing land, receive stock rights in logging.

 

DEPENDABLE

·          The man's wealth has been based on the land, water and sun.

·          Forests precede civilizations, provide permanent wealth.

·          Forestry investment do not dependent on capital market fluctuations.

·          Its best conservation is a technical procedure in the hands of experts.

 

PROFITABLE

·          Forestry projects are profitable due to sustained demand for forest products in the medium and long term.

·         It is also profitable due to restrictions on native forests timber.

·          A strategic alliance with the best timber company ensures forest seed quality and optimum cost-effectiveness in the pine plantation.

 

POSITIVE SOCIAL INVESTMENTS

·          Mankind has abused from native forests exploitation, the Forest Trust, created by Cotopaxi and CORPEI represents the support mechanism for the reforestation of the country.

·          Reforestation, rather than an economic aspect, is a social imperative.

 

DOCUMENTATION

A. FROM THE CONSTITUENT:

For individuals:

·          • Identity card and voter registration copies.

 

For Companies:

·          Copy of the Deed of Constitution of the Company.

·          Present appointment of legal (s) representative (s).

·          Identity card and voter registration copies from company´s legal (s) representative (s).

·          updated copy of the Company´s RUC.

·          Board Minutes, authorizing transfer of the property.

·          Copy of Certificate of Compliance Obligations and Legal Existence issued by the Superintendency of Companies.

 

B. FROM BENEFICIARIES

 

If individual(s):

• Identity card and voter registration copies.

 

If the beneficiary is a company:

·          Copy of the Deed of Constitution of the Company

·          Present appointment of (or) representative (s) legal (s).

·          Identity card and voter registration from legal representative.

·          RUC updated copy of the Company.

 

C.  REAL ESTATE

 

·          Copy of Deed stating the title deed (sale, donation, partition) under which it acquired ownership of the asset transferred

·          Original Certificate Registrar updated the corresponding property from the city on property taxes and history of dominance in the last fifteen years of building that we question.

·          Original certificate issued by the corresponding City Hall on the ownership transfer Appraisal (Department of Valuation and Cadastre).

·          Property tax payable (2006).

·          Original Valuation of Property, by an Expert Assessor of those qualified by the Superintendency of Companies.

·          If it is an agricultural property, Original Certificate of INDA, on the non-existence of expropriation proceedings, land disputes or encumbrances on the property concerned.

·          Site map, identifying boundaries and surface.

 

 

Conventions of Accession to Pine Forest Projects

Ing. José Freire Cuesta   Forest Agreements   AGLOMERADOS COTOPAXI    

e-mail: jfreire@cotopaxi.com.ec  web: www.cotopaxi.com.ec

Phone: 02 396-3000     Direct.: 02 2893 557      Fax: 02 2894 234