The partnership agreement signed October 20, 2016 between the agribusiness company Sud Cameroun Hévéa and the Ministry of Agriculture not only aims to develop rubber cultivation on land concessions from this company in the southern region of Cameroon.
This agreement, we learn from sources familiar with the matter, also includes coaching of Sud Cameroun Hévéa in setting up rice paddies, corn fields and plantations of citrus and mango.
Clearly, we are moving towards diversification of the production of this agro-industrial unit so far specialized in rubber cultivation, first used in the production of rubber material, whose prices on the international market are not the most shining in recent years and no longer ensure profitability in productive enterprises.
Indeed, informs the Cameroon Development Corporation (CDC), a public company operating rubber plantations in the South West region, while it was sold between 2500 and 3000 CFA francs per kilogram in 2012, the price of rubber in the international market today culminates between 700 and 800 CFA francs only.
Also, to resist the drastic fall in world prices, companies producing increasingly opt to diversify. This is the case of CDC, now eyeing pepper, cassava and maize; then Sud Cameroun Hévéa, which seems to plump for fruit trees, corn and rice.
As a reminder, Sud Cameroun Hévéa is a company controlled by the Singaporean group Sinochem International, through GMG International. The company is engaged in recent years in an expansion process of its plantations through land concessions (45,000 hectares) obtained in the region of Southern Cameroon, especially in Meyomessala, Meyomessi and Djoum localities.