Sime Darby Plantation Sdn Bhd is exploring opportunities in other African countries besides Liberia for its palm oil business expansion.
EBF, which Agriterra will acquire, has land holdings of more than 169,000 hectares in Liberia, West Africa.
The recently signed $800 million United States dollars Concession contract between the government of Liberia and the multinational conglomerate, Sime Darby, is raising questions in counties to be affected.
Full text of the agreement for a rubber and oil palm concession between Liberia and Malaysia's Sime Darby, covering 311,187 ha.
- Government of Liberia
29 Jul 2009
Over-developed, over-populated, and land and water scarce Asian and Middle East nations embark upon global land grab to produce food and agrofuels; threatening global human rights, rainforest and other natural ecosystems, and regional and global ecological sustainability. Deadly global ecological issues require global citizens to unite in escalating protest action!
- Ecological Internet
13 May 2009
Liberia's $800 million palm and rubber deal with Malaysian firm Sime Darby will create 20,000 much needed jobs in the West African country
Malaysia's biggest company Sime Darby has struck a deal with the Liberian government to develop oil palm and rubber estates in West African nation as land runs out at home and global demand for palm oil surges.
Agricultural investment in Sudan by Arab countries looking to guarantee supplies of staples such as wheat for their people will account for up to 50 percent of all investment in the country from 2010
The Saudi government announced that it would co-ordinate with local private-sector companies and invest in strategic agricultural interests in key producer countries such as Brazil, Ukraine, Thailand and India, guaranteeing for itself supplies of cereals, meat and vegetables. It is already in advanced negotiations with Thai investors and a deal on rice farms in Thailand is likely before the end of the year.
- Economist Intelligence Unit
18 Jun 2008