A US$ 20 million industrial investment by Sierra Leonean entrepreneur Jamel Shallop, under construction at Ferry Junction, east of Freetown, will see Sierra Leone producing and exporting cooking oil, soap and related goods as well as employing over 300 people nationwide.
The project is an industrial factory that will be housing a packaging facilities, tank farm, refinery processing plants, soap making industry, kernel production unit, etc.
Upon completion, it will, by design, automatically make Sierra Leone a destination for the production of pure cooking oil with 100% nature made (organic), a superior class-like soap, margarine and other items produced out of palm kernel and kernel nuts.
The industry, it is revealed, will heighten agriculture, enhance Sierra Leone’s aged and inexcusable unpardonable foreign exchange, offer benefits in the areas of direct employments, and accordingly also help improve a steady living condition for Sierra Leoneans generally.
It is furthermore estimated that same will augment indirect employment benefits for hundreds of people in relation to transportation of raw materials the likes of palm kernels from the provinces to the industrial factory in Freetown for the eventual productions into consumables for local use as well as exportation to oversee countries.
Jamel Shallop says his motivation in sourcing out millions of dollars from entrepreneurs outside Sierra Leone was based on the fact that he needs to support government in their moves trying to stabilize country’s economy for the good of all.
He claimed the multimillion dollar industry will be employing over three hundred Sierra Leoneans, complement government’s agricultural moves in the improvement of a sustained growth and the alleviation of poverty in the nation of Sierra Leone.
Shallop is one of Sierra Leone’s victorious businessmen who has pride himself as an esteemed entrepreneur, now owning a modern-day hotel (Country Lodge) lying and situated on the Hills of Hill Station back of Sierra Leone’s presidential house, employing over a 150 Sierra Leoneans too.
He has, in a row, and as a successful businessman, served successive governments including those of late ex-President Ahmed Tejan Kabbah, ex-President Ernest Bai Koroma and now serving the current government of President Bio.
Shallop’s business skills have earned him standings in the eyes of big business players the world over, which also has seen him recently credibly securing a US$20 million funding internationally for the establishment of the ongoing industrial factory at Ferry Junction, east of the capital of Freetown.
They say he (Shallop) hails from Blama, schooled in Kenema, east of Sierra Leone, later traveled to Ireland where in the end he attained his university education before returning to Sierra Leone to be a part of the country’s business community for national development.
“My intention establishing an industrial unit was motivated by the idea of helping Sierra Leone stabilizes its aged unspeakable foreign status, beef up a vibrant exporting system, boost up agriculture, make available the production of a pure and healthy cooking oil product for use locally and internationally and, of course, to also create employment for the unemployed Sierra Leonean citizens,” Shallop self-assuredly said.
He further reiterates his intention of wanting to see goods produced in Sierra Leone compete with those manufactured in developed as well as developing countries, to, in a way, and in return, complement government’s farsighted expectation of a stronger economy in the years to come.
Asked whether he is bothered by off-putting allusions against him, he self-righteously said: “it is all part of the challenges successful people face in a competitive and aggressive business world.”
Continued: “when people condemn me, they make me sit-up and try to do things better than the previous, of course, much as my broader mental picture is to see things done for the betterment of society, I accept those downbeats opposition as part of the things that are lending positive hands to my years of success in the business industry.”