Peter Sondakh, the Rajawali Group chairman and chief executive officer, has set his sight on making his company a global giant in the palm oil business and sees PNG as the game changer for the industry.
State-controlled Felda Global Ventures Bhd (FGV)said it needs more land bank and has been looking outside Malaysia for some time to boost its portfolio, including Africa, Myanmar and Indonesia.
The Liberian government’s refusal to recognize and respect rural people’s customary land rights is marginalizing and destabilizing local communities, leading to full-scale conflict.
Malaysian company Felda Global Ventures buys 37% of PT Eagle High Plantations Tbk in ambitious move to become "ASEAN’s largest sugar hub”
Acquisition of Eagle High Plantations includes a total land bank of 425,000ha with 67 per cent in Kalimantan and the rest spread across Papua, Sulawesi and Sumatra.
European banks and investors are a major source of finance for large-scale destructive agriculture; forestry; and pulp and paper projects.
An official of Davao City, Philippines said Monday that a Malaysian company is set to develop a 1,000-hectare property for oil palm in Marilog District.
Malaysian oil palm planter Genting Plantations Bhd said it has entered into an agreement with Indonesia's Musim Mas Group to build a 300 million ringgit ($82.17 million) palm oil refinery in the Borneo island of Sabah.
Sime Darby Plantation Bhd, has completed the acquisition of PNG-based New Britain Palm Oil Ltd, adding 135,000 hectares to its land bank.
25 large tycoon business groups control 3.1 million hectares of the total planted oil palm plantation in Indonesia. And another 2 million hectares of undeveloped land banks under control.
STOP PALM OIL
EPO a l'ambition d'augmenter ses superficies exploitées au Liberia de 50 000 hectares d’ici 10 ans, et de doubler ce chiffre en 20 ans.