SALES OF STANDING TEAK TREES – ONLINE AUCTION Portal

SALES OF STANDING TEAK TREES – ONLINE AUCTION Portal

Overview

The Sales of Standing Teak Trees – Online Auction Portal is an innovative digital platform developed by the Tanzania Forest Services Agency to facilitate transparent commercial harvesting of plantation forests. This specialized system publishes auction notices, displays detailed lot information, facilitates online bidding, and processes payments for standing teak trees from government plantations. The portal includes tree inventories, volume estimates, reserve prices, and harvesting conditions. It has modernized forest product sales by enhancing market access, ensuring competitive pricing, reducing corruption risks, and generating optimal revenue from Tanzania’s valuable timber resources while maintaining sustainable forest management practices.