Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Malaysia’s Wah Seong to Invest $744 Million in Congo Palm Oil

Wah Seong Corp., a Kuala Lumpur, Malaysia-based oil, gas and industrial services company, plans to invest $744 million over the next 10 years to develop palm oil plantations in Republic of Congo, said Rigobert Maboundou, the African country’s agriculture minister.

ATAMA Plantation Sarl, a unit of Wah Seong, will initially plant palm trees on 180,000 hectares (444,790 acres), Maboundou told reporters in Yengo, 600 kilometers (373 miles) north of the republic’s capital, Brazzaville.

The company will build nine plants to produce 920,000 metric tons of two different kinds of palm oil annually, said Leong King Ming, ATAMA president. Production is due to start in 2017, he said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.