The main objectives of this study were (i) to assess the procedures and problems of institutional finance for forestry development projects, (ii) to discuss the steps to enhance bankability of forestry development projects, and (iii) to present some thoughts for future policies and practices for forest land development. A number of measures can be taken to enhance the social relevance and financial feasibility of projects aimed at improved management of forest wasteland with or without clearfelling/raising manmade plantations. A few of such measures are discussed in this section. 1. All possible attempts should be made to enhance the outputs of a variety of goods including, but not confined to, timber and fuelwood. 2. Necessary steps to save on the projects costs should be taken. 3. The intangible benefits "stemming from" and "induced by" a project must be carefully identified and evaluated.