News Agriculture

Liberia Partners with Vietnamese Group to Raise Rice Production

Liberia Partners with Vietnamese Group to Raise Rice Production
Friday, 12 December 2025 07:39
  • Liberia signed an agreement for a 50-hectare pilot rice farm in Bong County

  • The project supports technology transfer and aims to raise local rice output

  • A broader $120 million investment plan seeks to cut reliance on rice imports

Liberia’s Minister of Agriculture, Alexander Nuetah, announced last week that he signed a memorandum of understanding with the Vietnamese conglomerate Uniland Group of Companies to establish a 50-hectare pilot rice farm in Bong County. According to the Daily Observer on December 11 the project will be carried out by Unifarm Liberia, Uniland’s local subsidiary, with production expected to begin by May 2026.

Peter Edward Dinning, chief executive of Unifarm, said the initiative focuses on technology transfer and scaling up local rice production. He noted that with Vietnamese technology, the harvest could be ready only three months after the first planting.

While the specific technologies have not been disclosed, Vietnam is a major global rice player. It is the world’s fifth-largest producer of milled rice, behind India, China, Bangladesh, and Indonesia, with output of 26.7 million tons in 2024/2025.

Vietnam is also the world’s second-largest rice exporter after India, having shipped around 7.9 million tons to global markets during the same period. The memorandum of understanding marks the first step in a strategic investment in Liberia’s rice sector that has been discussed for several months.

A $120 million investment plan taking shape

In April, Uniland Group announced plans to invest $120 million in Liberia’s rice industry during an official visit facilitated by the Liberian government.

According to details reported by Women Voices Newspaper, the company intends to establish commercial rice plantations in five counties, build two modern rice mills with a combined annual capacity of 50,000 tons, and train 5,000 Liberian farmers in intensive cultivation techniques.

These projects are expected to increase domestic rice output and help reduce the country’s growing dependence on imports. FAO data show that Liberia’s rice imports more than doubled from 285,756 tons in 2019 to 658,192 tons in 2023, while spending on these purchases also doubled to nearly $239.9 million.

The investment plan, backed by foreign capital, also supports implementation of the National Agriculture Development Plan (NADP) adopted in 2024. Under this strategy, the government aims to develop 50,000 hectares of lowland areas for rice cultivation by 2029, with support from both public and private investors.

Stéphanas Assocle

On the same topic
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
Import permits halted; existing approvals valid for two months Move follows regional efforts to support domestic rice markets Burkina Faso...
(AGRA) - Agricultural leaders and digital transformation experts are calling for a fundamental shift in rural advisory services, moving from...
The world lost 4.3 million hectares of primary tropical forest in 2025, down 36% from 2024. Brazil drove the improvement, cutting forest loss to 1.63...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.