Facing moratorium and criticism in Indonesia, Sinar Mas looks to Liberia for new palm oil opportunities

Mongabay: Singapore’s Golden Agri-Resources, a holding of the embattled Sinar Mas Group, said it will form a partnership with the government of Liberia to establish a 220,000-hectare plantation in the West African nation, reports the Jakarta Globe. The 25-year $1.6 billion joint venture will establish oil palm estates in southeastern Liberia. Golden VerOleum, a subsidiary of Golden Agri-Resources, is leading the project, which is seeking additional outside investors. The announcement …

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