10/08/2011 (Bloomberg) - GoodHope Asia Holdings Ltd., a Singapore based palm-oil processing company, plans to start a $200 million project in Cameroon, including a 50-hectare (124- acre) plantation, it said in a statement.

GoodHope Asia, a unit of Colombo-based Carson Cumberbatch Plc, will begin operations in four years that will include a factory to process palm oil for domestic use and for export, Rizan Jiffrey, director of planning and business development, said in a statement handed to reporters in Yaounde, the capital, today. He didn’t say when the project would begin.