Sierra Leone: Country Gets Tractor Assembly Factory
Trade and Industry Minister, Dr. Kadie Sesay revealed last Friday told Concord Times that government has finalized arrangements with a Chinese company to undertake the assembling of tractors for agricultural development in the country.
"We've completed an agreement with a Chinese company for the assembling of tractors for agriculture and very soon, we would start assembling tractors in this country," Dr. Sesay said, adding that other Chinese companies have undertaken great work in transforming the National Workshop into an industrial zone.
"The rehabilitation is almost complete and there are already companies that have been located in the zone," she says, adding, "some of these companies have started producing products for the official opening in late February this year to coincide with a trade fair and exhibition." Dr. Sesay also revealed that Sierra Leone has been granted a visa by the US government making it possible for Sierra Leoneans to export locally manufactured goods to US markets under the African Growth and Opportunity Act (AGOA) scheme.
"A couple of Sierra Leonean companies are discussing and negotiating with companies in India and America on how to commence production of goods here that can be exported to the United States," she stated and added that Parliament has enacted the Investment Promotions Act 2004 that seeks to create an enabling environment supportive of private and public sector development in the country
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