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Dr. Edward Hinga Sandy the Minister of Trade and Industry has in a press briefing informed the media that Sierra Leone is poised to get it’s first Made in sierra Leone steel rod products.
He hinted that the made in sierra Leone steel rod products will be available in March this year
Minister sandy also disclosed that his ministry has signed an agreement with 3 types of cement production companies and 1 organic oil production company that will invest and add production in sierra Leone, this he said will aid in the high cost of production the country is experiencing as a result of sierra Leoneans consuming a lot of imported products.
GOLD TREE SL ltd 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, he expressed that 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.
GOLD TREE 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.
Mr. Sandy also further explained that SOLCO is also amongst the 4 companies which are affiliates of WENPENG GROUP, an international Company from China engaged in production, manufacturing.
