US Envoy Says Processing, Value Chains As Key To Growth

U. S. Ambassador Deborah Malac has said processing and value chains is the way for Liberia to not only achieve food security but also build the private sector that is the engine of growth.

 
She also noted that the US Government is extremely pleased to be part of the program marking the inauguration process of two Liberian-owned businesses.
 
Speaking at the program of the two businesses, Fabrar Liberia Inc. and Hope Bakery Liberia Inc. in Kakata, Margibi over the weekend, Malac expressed her country’s commitment to working with Liberians to improve the agriculture sector.
 
 “There is no reason this beautiful country and this extremely fertile country is not able to feed itself,” she said, promising that anything that her government and U.S. agencies and institutions can do to support those efforts is something they are proud to be part of.
 
In 2014, with financial and technical support from the U.S. Government through the USAID Food and Enterprise Development (USAID FED) program and private equity financing from West Africa Venture Fund, Fabrar was able to procure an automated rice processing plant and expand its warehouse facilities.
 
According to an Executive Manson release, the new industrialized facility, will now double its previous capacity, milling 30 metric tons of rice each day and storing 1,000 metric tons with proper ventilation and protection from pests, mold, fungus and mildew.
 
In addition to Fabrar Liberia, USAID FED has set up a series of 10 Rice Business Hubs in Lofa, Nimba, Bong and Grand Bassa Counties.
 
These small processors are located in high-density business cluster areas, and each center has enough space to thresh, clean and mill rice. These hubs will also provide Fabrar with a secure and reliable place to pick up paddy rice from farmers.
 
Responding, the Chief Executive Officer of Fabrar Liberia Inc., Fabio Lavelanet, thanked the Liberian Government, USAID, West African Venture Fund and International Finance Corporation and other partners for their support towards the realization of his company’s dream.

 

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