Southeast Asian palm oil firms like Malaysia's Sime Darby and Singapore's Golden Agri Resources are backpacking to Africa, in what could be the planet’s next trend-setter in inter-continental resource trade.
Fusions-acquisitions, achats de terres, coentreprises… Le continent attire des investisseurs venus de toute la planète, assurés d’y trouver la réponse à des besoins mondiaux en nourriture qui ne cessent d’augmenter. Tour d’horizon d’un grenier en devenir.
Mohd Bakke Salleh, president and group chief executive of Malaysian conglomerate Sime Darby, told reporters in Kuala Lumpur earlier today that the group has identified 300,000 hectares (ha) of land in Cameroon that could be suitable for palm oil plantation.
Sime Darby, which is expected to employ an estimated 22,000 Liberians over the next 10 years, will cultivate roughly 220,000 hectares of land in four counties including Gbarpolu, Bomi, Grand Cape Mount and Bong.
Sime Darby Bhd, which owns 220,000ha of oil palm estates in Liberia, plans to strengthen its presence on the African continent and is eyeing more land in Cameroon, Congo and South Africa. The expansion is part of a long-term strategy to double planted areas to one million hectares and be nearer to the growing markets of Europe and the US.