Yaoundé - 08 July 2020 -

Sud Cameroun Hévéa SA invests CFAF2 bln to increase its rubber production capacity

Sud Cameroun Hévéa SA invests CFAF2 bln to increase its rubber production capacity
  • Comments   -   Wednesday, 17 June 2020 15:53

(Business in Cameroon) - Sud Cameroun Hévéa SA (Sudcam), a subsidiary of the Singaporean company Halcyon Agri Corporation Limited, has invested 2 billion FCFA to increase the capacity of its rubber plant production from one tonne/hour to 25 tonnes/hour, according to the Ministry of Economy.

According to the same source, in December 2019, the new operator was granted 2,161 hectares of land to expand its plantations, including 1,500 hectares devoted to rubber trees.

Also, Halcyon's Cameroonian subsidiary is currently pursuing a program to renew its rubber plantations despite criticisms from environmental NGOs. In 2018, for instance, Greenpeace Africa exposed the impacts of the Cameroonian plantation of Halcyon Agri on the ecosystem and local communities, and indigenous people.

According to the report published at the time, the planned industrial project, covering nearly 10,000 hectares, had caused "the displacement of Baka communities [in South Cameroon] without adequate compensation or resettlement plans." Moreover, according to Greenpeace, there was no clearly defined buffer zone to allow neighbouring communities to fend for themselves.  

To defend itself, Halcyon Agri Group has always responded to civil society organizations that it clears logging areas not areas of primary forest with high conservation value or high carbon forests.


The financial statements of Cameroon’s Telecommunications Regulatory Board (ART) reveal a deficit of CFAF 2.2 billion at the end of the financial year...
On July 1, 2020, Afriland First Bank Democratic Congo (CD), one of the eleven subsidiaries of the banking group founded by Cameroonian billionaire Paul K....
To combat unemployment, the Cameroonian government intends to create 100,000 jobs over the 2020-2025 period. To achieve this, the government plans to...
In Cameroon, transit time was reduced from 40 to 5 days by the end of Q1-2020 thanks to digitalization and telecommuting, according to the single window...

Mags frontpage

Business in Cameroon n88: June 2020

Covid 19 Its impacts so far

Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»

Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts

Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »