Liberia: Sime Darby to Sell Liberia Plantation to Local Manufacturer - Minister

Dec 5, 2019 | Reuters
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Malaysia’s Sime Darby plans to sell its palm oil concession in Liberia to a local manufacturer, a Liberian government minister said on Thursday, following subpar financial results due largely to stricter environmental standards. Sime Darby signed a 63-year concession in 2009 for the 220,000 hectares in northwestern Liberia, which made up a fifth of its global land holdings.