The development, under which many residents will be forced to sell their land, has met opposition from locals and non-government organizations. The Indonesian Farmers Union (SPI) has said that it will lead to a “land grab” by big businesses at the expense of locals.
Golden VerOleum plans to acquire 200,00 hectares in south-eastern Liberia. The target areas are Grand Kru, Maryland, River Cess, River Gee and Sinoe counties. The export plans are based on a plantation system in which there are about 10 hectares for each worker.
Gorontalo Vice Governor Gusnar Ismail said the South Korean investor, PT Harim Group, was also planning to build six silos with a combined storage capacity of 6,000 tons to support its corn exporting activity.