Sime’s Africa ambitions stall pending new deforestation rules


KUALA LUMPUR: When Malaysia’s biggest plantation company Sime Darby Bhd leased 220,000 ha of lush forest in northwest Liberia in 2009, executives said they had found a much needed new frontier in global palm oil development.

Undulating hills, a tropical climate and plenty of untouched land made the West African country’s interior ideal for palm oil growers running out of room in South-East Asia.

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