Research Article | OPEN ACCESS
Countering Recommendation from CICR on Social Impact of FDI in Liberia: Strategies for Sime Darby to Overcome the Problems
1Ahmad Rizal Mohd Yusof, 2Zarina Othman, 3A.B. Shamsul and 4Mohamed Abu Bakar Kassim
1Institute of Occidental Studies
2Centre for General Studies
3Institute of Ethnic Studies, National Universiti of Malaysia
4E-MAM Group and Digital Daya Perkasa Sdn. Bhd., Malaysia
Research Journal of Applied Sciences, Engineering and Technology 2014 14:2885-2889
Received: March 08, 2013 | Accepted: October 19, 2013 | Published: April 12, 2014
Abstract
Liberia has initiated a paradigm shift to develop its agriculture sector through Foreign Direct Investment (FDI). An investment from Sime Darby Plantations has created social impact towards the local, culture and land use. Center for International Conflict Resolution or CICR has seen these problems as a threat to social development in Liberia. Eleven recommendations have been delivered to Sime Darby as a solution to cater all problems that should conserve the local, culture and the land use. In order to assist Sime Darby, this study aims to highlight a strategy for Sime Darby to counter all recommendations from CICR. This study was conducted over a period of three months with several documents and files being investigated. Documents from CICR and Sime Darby have been analyzed thoroughly in order to propose a promising resolution. Three factors have been seen as solutions to Sime Darby to overcome the problems whilst it will assist them on their investment in Liberia. Sime Darby has to execute all strategies that will promise a long run investment in Liberia whilst building their own image as a people-friendly company.
Keywords:
CICR, Foreign Direct Investment (FDI), Liberia, Sime Darby,
References
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Lori, J.R. and J.S. Boyle, 2011. Cultural childbirth practices, beliefs and traditions in post conflict Liberia. Health Care Women Int., 32(6): 454-473.
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McAuslan, P., 2011. Urban planning law in Liberia: The case for a transformational approach. Urban Forum, 22(3): 283-297.
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Wesseh, P.K. and B. Zoumara, 2012. Causal independence between energy consumption and economic growth in Liberia: Evidence from a non-parametric bootstrapped causality test. Energ. Policy, 50: 518-527.
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Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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