| With the forestry industry in decline because of its overseas competitors Te Uri o Hau has no short term plans to increase its investment in land leasing. The Trust receives an annual return of $106,000 for land at Pouto, leased to an exotic forest consortium. This is a long term rental arrangement with regular reviews.
The heritage values of forests are important to Maori following an intense period of deforestation with European settlement in New Zealand.
Since time began forests have been important as a source of wood for building, heating and cooking. Heating and cooking still account for about 50% of the use of wood.
Wood is also now the raw material for many other substances in common use including paper, fuel, chemicals, foodstuffs and pharmaceuticals.
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