Vice President Boakai Impressed with Sime Darby

Wednesday, 3rd November 2010

Monrovia, Liberia - Liberia’s Vice President Joseph N. Boakai says the Sime Darby investment will help to boost Liberia’s peace and security.

He said an investment like Sime Darby will create employment and social opportunities that will keep our active population positively engaged and hence divert their attention from mischief. “This investment definitely help enhance stability in post-war Liberia,” he said.

Vice President Boakai made the observation Tuesday evening, when a six-member delegation from Sime Darby, headed by the company’s acting President; Mr. Dato Mohd Bakke Salleh paid a courtesy call on him at his Capitol Building office.

The Liberian Vice President said he was excited about the Sime Darby investment because its out-grower program will also empower Liberian farmers to engage in large-scale production.

“We are grateful that your company could choose to invest in Liberia.
I would like to assure you that our government will ensure that nothing hinders the implementation of your project,” the Liberian Vice President said.

He then urged the management of Sime Darby to engage in initiatives that will bring development to their operational areas. He said by undertaking the construction of roads, schools and recreation centers, the company will be giving back to residents of their operational areas.

Briefing Vice President Boakai earlier, Mr. Salleh informed Vice President Boakai that the company was on track in the development of 5,000 hectares of oil palm by the end of June next year..

He said the company has plans to develop 10,000 hectares by 2025 and employ an estimated 25,000 workers.

Mr. Salleh expressed optimism that Sime Darby’s investment would trigger other development activities in the company’s operational areas.

Sime Darby is a US$800 million investment in the former Guthrie Rubber Plantation in Bomi and Grand Cape Mount Counties. In addition to rubber, Sime Darby is also cultivating oil palm, and is extending its operations to Gbarpolu and Bong Counties.