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An Agro-Industrial company in Cameroon, the Cameroon Development Corporation (CDC) was formed in 1947 for the purpose of developing and running plantations of tropical crops in the country. With its head office in Limbe, CDC focuses on plantation production and processing of various crops. The company has been granted 98,000 hectares of land by the government out of which it uses 43,413 hectares for the production of major cash crops.
The major products of Cameroon Development Corporation are rubber, oil palm, banana and secondary crops. From the plantations these crops are sent to the factories where they are processed and made ready for commercial use. Thus the operations of Cameroon Development Corporation comprise production, processing and marketing of rubber, palm oil and banana.
Rubber and banana are exported by the company while palm oil is produced for domestic consumption. The factories of Cameroon Development Corporation include rubber factories, banana processing and oil mills. The major segments of the company are provided with various services like human resource, technical, medical, supplies department, marketing and sales etc.
Though the company faced financial backlogs in its course of operation, CDC has been able to retain its position in the commercial and production sector through self financing, loan schemes and government aid.
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