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Salala Rubber Corporation

Sectors

Agribusiness

Description:

Projects in this Sector: 87

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Issues Raised

Consultation and disclosure

Description:

Projects with this Issue Raised: 550

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Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 516

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Gender-based violence

Description:

Projects with this Issue Raised: 18

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Labor

Description:

Projects with this Issue Raised: 115

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Livelihoods

Description:

Projects with this Issue Raised: 362

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Pollution

Description:

Projects with this Issue Raised: 237

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Retaliation (actual or feared)

Description:

Projects with this Issue Raised: 74

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Water

Description:

Projects with this Issue Raised: 201

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Project Information

Investment ID: 26510

Bank: International Finance Corporation and Multilateral Investment Guarantee Agency

Environmental Category: B

Country: Liberia

Region: Sub-Saharan Africa

Approval Date: None

Investment Types: Loans

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has an active project with Salala Rubber Corporation (SRC) which is Liberia’s fourth largest rubber producing and processing company. IFC provided a $10 million A Loan to SRC, to finance SRC’s plans to rehabilitate, expand, and optimize its plantations, which had been neglected during several years of civil war in Liberia.

Investments

Investment Type ID Amount Status Bank Client
Loans 26510 USD 10.0 million Planned IFC/MIGA Salala Rubber Corporation

Related Complaints

International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints IAM Country Date Filed Status
Salala Rubber Corporation-01/Margibi and Bong IFC CAO Liberia 27/05/2019 Monitoring