By Amin Kef (Ranger)
In March of 2023 it is expected that Sierra Leone will get its first Made in Sierra Leone steal rod products. This expectation has been triggered by the Minister of Trade and Industry, Dr. Edward Hinga Sandy, who intimated newsmen.
He explained further that if the country is experiencing high cost of production it is because Sierra Leoneans are consuming a lot of imported products. The Minister revealed that is why his Ministry has signed agreements with 3 Cement production companies and 1 organic oil production company that will invest and add production in Sierra Leone.
GOLDTREE SL Ltd, he informed, is one of the oil processing companies that was established under the Companies Act No.5 of 2009, and registered under the laws of Sierra Leone with its office at Old Mill Road Daru, Jawei Chiefdom Kailahun District Sierra Leone.
According to him, the company was established in 2007 as a specialized company in the cultivation of high yielding oil palm and extraction of organic and Round Table on sustainable Palm oil (RSPO).It fairly traded crude oil palm with a market penetration price that will not only ensure affordability but also ensure sustainable product availability.
He said GOLDTREE is presently exporting to the sub-region and locally thus with an investment capital of Twenty Million United States Dollars (US$ 20,000,000), the company is desirous and committed to undertake and own as property, the project to construct, develop and establish the infrastructure, install and operate a facility for Fresh Fruits Oil Palm Bunches production, packaging and distribution with a direct and indirect employment capacity of 40,000 people.
He also explained that SOLCO is also amongst the 4 companies which is an affiliate of WENPENG GROUP, an international Company from China engaged in production, manufacturing.
