SLPMC contracted for cocoa export
The Sierra Leone Produce Marketing Company Limited is established by the Government of Sierra Leone in August 2009 as a Public Limited Company. The ownership structure reflects various interests groups along the value chain. Subscribers to the company are drawn from existing exporters, private sectors, farmers, other private stakeholders, and Government.
This gives the company a broader representation and ownership, and reflects Government’s partnering with the private sector.
SLPMC has recently been awarded contracts by two international companies to buy cocoa worth over half million dollars. The contract came as a result of the trust the two companies have for the SLPMC in processing and packaging of agriculture produce like rice, palm oil for a start and now going to other products.
Henry Yamba Kamara, the Managing Director, Sierra Leone Marketing Company told this press that they recognize that the continued existence of the Company and its sustainable growth depends on how well it secures and make available for sale quality agricultural produce in the export market and local processing industry at an economic price, whilst guaranteeing fair prices to local farmers. “Our ultimate responsibility is to earn optimum returns on invested capital and we will provide challenging, satisfying and rewarding careers as well as succession opportunities to our employees. We expect value as we guarantee same,” he said.
SLPMC is one of the leading exporters of produce in Sierra Leone. The company is being entrusted with the objective of dealing in agricultural commodities in general. The company was set up by the government to help with quality improvement, ensure better prices to the farmers and supervise the reestablishment of relationships with international commodity organizations.
SLPMC operates as a company seeking to maximize shareholder value, whilst taking into account the interest of all stakeholders within the agricultural supply chain. A main focus of SLPMC is the smallholder farmer, who in the past has been denied access to high value markets, high quality input and education. SLPMC understands that it can only be successful in sourcing high quality produce by building long term relationships with its suppliers and customers alike. It stimulates long term sustainability by linking the farmer in Sierra Leone to markets with highly competitive products.
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