Golden Agri-Resources, the world’s second largest palm oil plantation, says it is looking at investment opportunities in the West African state of Liberia and the prospect of using its expertise to pioneer large scale cultivation of sustainable oil palm plantations and related downstream activities there. 

The company is in the process of evaluating this investment opportunity through a potential investment in the Verdant Fund LLP, a private equity fund. Presently, Verdant is the sole shareholder of Golden Veroleum (Liberia) Inc.
 
Veroleum is in the process of being granted a concession by the Government of Liberia to develop 220,000 hectares of land on which to cultivate oil palm over a period
of 20 years. The initial development will commence with 15,000 hectares.