The Tubman University (TU) in Harper, Maryland County is planning to construct a US$13 million latex processing plant in Harper to transform raw materials into finished products.
When completed, the plant will provide at least 350 middle class jobs in addition to numerous employment opportunities for locals of Harper and students of the university.
TU President Elizabeth Davis-Russell told the Liberia News Agency at the weekend that what is needed at present is US$4 million of the total amount so that the Rubber Science Technology Institute of Tubman University will start construction work on the latex plant.
"The program is at a point now where we are looking for investors in order to start the project, which is a crucial national initiative that will change the national narrative in critical sectors," she noted.
She said the plant will be operated by students from the college who will be turning raw rubber materials into high quality finished products such as gloves and condoms.
Describing TU as "Liberia's best kept secret," Davis-Russell pointed out that the plant project is a demonstration of TU's commitment to creating job opportunities for graduates, while teaching students the fundamentals of entrepreneurship and creative thinking to become masters of their own destinies.
"The fact that Liberia currently exports its raw materials and imports the finished products, what this plant will be doing is to reduce the number of rubber exports by creating finished products out of it," Davis-Russell said.
She continued: "We ship the latex out of the country, and others make products abroad, bring them back and sell them to us. What we like to do is to create some products here in Liberia, right here in Harper, Maryland County."
Located in Harper, Maryland County, The William V. S. Tubman University (TU) is the second government-run institution of higher learning.
It was established in 1978 as the William V. S. Tubman College of Science and Technology, but later attained university status in 2009".
She said told LINA that TU will perform its first graduation ceremony on June 17, 2014, and that the visitor to the university, President Ellen Johnson Sirleaf, is expected to deliver the Keynote Address to a class of 80 graduates.