Recently, Eugène Kremien, president of the Association of Natural Rubber Professionals in Côte d'Ivoire, said that Côte d'Ivoire strives to exceed the million tons of rubber production in the next five years and reach the fourth level in the world.
“China Rubber” understands that the rubber industry plays an important role in the agricultural sector in Côte d'Ivoire and has made a significant contribution to promoting the country's economic development and increasing export revenue. In 2019, the Apromac Rubber Development Foundation (FDH) will provide 2.5 billion for the rubber industry. Funding for the African CFA franc (3.8 million euros) and training of 600 rubber-cutters.
FDH Executive Secretary Albert Koffi Konan said: "We will also restore 70 km of farm roads and build 3,500 hectares of plantations."
As the largest rubber producer in Africa, despite the decline in international rubber prices, Côte d'Ivoire's natural rubber production in 2018 still reached about 800,000 tons, exceeding the expected 600,000 tons, making the country the seventh largest natural rubber producer in the world. 3%), behind Thailand (about 36%), Indonesia (about 26%), Vietnam (about 8%), China (about 6%) and India (about 6%).
In addition, the Government of Côte d'Ivoire organized the International Rubber Conference in Abidjan in September 2018 and established a Rubber and Oil Palms Committee at the end of October to regulate the rubber and palm industries affected by falling international prices.