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Golden Veroleum Liberia (GVL)


Company Background

Established 2010
Focus Responsible and sustainable development of the oil palm industry in Liberia

Community Initiatives

Community Agreements MOUs signed directly with local communities
Community Development Contributions to Community Development Funds (CDF)
Employment Local employment opportunities
Local Content Supplier and local supply chain development

Firestone Liberia


Project Background

Company Firestone Liberia Inc.
Overview World’s largest contiguous natural rubber plantation
Infrastructure Housing, schools, clinics and referral hospital
Employment Largest private employer in Liberia

Project Specifications

Investment Period 2004 – 2017
Total Investment USD $1.3 Billion
Major Allocations Wages and salaries
Healthcare services
Taxes to government
Rubber purchases from farmers
Payments for goods and services

Source: Firestone Liberia Incorporated

Investment Impact, Sustainability and Long-Term Commitment

These highlights summarize the measurable impact and sustainability practices resulting from major private sector investments in Liberia.

Key Metrics & Impact

  • USD $1.3B+ total investment
  • Largest private employer in Liberia
  • Thousands of jobs created
  • Dozens of communities engaged

Sustainability & ESG

  • Responsible land use
  • Community consent through MOUs
  • Healthcare, housing and education investment
  • Local supplier development

Timeline & Milestones

  • 2004–2010: Expansion phase
  • 2010: Community engagement framework
  • 2017: Major reinvestment milestone
  • Present: Continued operations

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