Indonesia, the world's No.1 palm oil producer, signed into law a 2-year freeze on new permits that may prompt palm oil firms to seek new ways to grow supply to meet rising demand from India and China, such as buying more land in Africa
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.
Le groupe singapourien Olam démarre en octobre prochain, un projet de 300 000 hectares de palmiers à huile. Le ministère de l’Agriculture lance une opération d’identification des populations rurales en vue de leur expropriation.
Singapore is eyeing a gigantic farming project in northeast China that could help the small, densely populated city-state diversify its food supplies, while offering export opportunities for its expertise in food safety and investment opportunities for its businesses.