Salala Rubber Corporation (SRC) plays a significant role in Liberia’s economy and sustainable development. Covering 8,000 hectares in Margibi County, SRC has operated since 1959, contributing to economic stability and employment, even during crises like the Ebola outbreak. Despite challenges such as local claims of land encroachment and environmental concerns, SRC maintains compliance with its concession agreement, compensating for damaged crops and engaging in dialogue with communities.

SRC supports local development through initiatives like farmland grants, healthcare services, and wage improvements, with a current daily minimum wage of $5.30. The company also emphasizes environmental responsibility, adhering to EPA regulations and ISO standards. While global economic challenges and rubber price fluctuations pose difficulties, SRC’s strategies, including enhanced security and in-house latex processing, mitigate these issues.

SRC remains committed to fostering community relations and sustainable practices, positioning itself as a key partner in Liberia’s growth.

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Source: www.allafrica.com