GVL Oil Palm Mill Expected Soon

Golden Veroleum Liberia signed a Letter of Acceptance with Malaysia-based Modipalm Engineering Sdn Bhd for the construction of its Tarjuowon Palm Oil Mill and Greenville Bulking Station.  The contract, worth upwards of 21 million USD, is expected to be completed by 2017 and will employ several hundred Liberians during construction and approximately 150 Liberians in industrial processing when in full operation. Currently, GVL employs approximately 3,700 in the South East of the country. “What we want to do is continue that number upward as we grow with the help of the communities,” said GVL Spokesman Stephen Binda. “The mill and bulking station will certainly help with that and ensure Liberia will have its own processing capabilities, which in essence means that there are products made in Liberia by Liberians.”