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Nonprofits eye farmland investments
- FEMM
- 19 June 2008
The cooling domestic equity and bond markets has prompted endowments and foundations to give niche alternatives, such as farmland, a closer look.
Business eyes Ukraine’s fertile land
- Financial Times
- 19 June 2008
“Look at the colour, what a beautiful crop,” says Richard Spinks, pointing to wheat and rapeseed fields that his company sowed this season in western Ukraine. “If all of Ukraine’s farms could produce the yields we are getting, this country could play a big role in feeding the world and establish itself as a geopolitical power,” says the British chief executive of London-listed Landkom.
GCC plans to fight food crisis
- Gulf Daily News
- 18 June 2008
A new joint strategy for agricultural investment will be launched by the GCC soon, it was announced in Bahrain yesterday.
Saudi Arabia: Buying food security with petrodollars
- Kuwait Times
- 18 June 2008
The Arabian Peninsula is currently flooded with petrodollars, giving the Gulf Arabs a wide array of investment options abroad. But while these countries are winners in the oil market, they are losers in the food market. As a result, the Gulf Arabs - with Saudi Arabia at the fore - are pursuing a strategy to buy their food security through overseas agribusiness investment.
Middle East economy: Food outsourcing
- Economist Intelligence Unit
- 18 June 2008
The Saudi government announced that it would co-ordinate with local private-sector companies and invest in strategic agricultural interests in key producer countries such as Brazil, Ukraine, Thailand and India, guaranteeing for itself supplies of cereals, meat and vegetables. It is already in advanced negotiations with Thai investors and a deal on rice farms in Thailand is likely before the end of the year.
Uganda: Kuwait Donates $100m for Agriculture
- New Vision
- 17 June 2008
UGANDA is to benefit from $100m contribution by Kuwait to support food production and agri-businesses development, James Mugume the permanent secretary in the foreign affairs ministry has said.
Korea Will Grow Wheat in Sudan
- Korea Times
- 15 June 2008
A big chunk of land in Sudan has been set aside for Korea to invest in crop production, the Sudanese ambassador said.
Saudi Arabia in talks with Sudan and others to secure food needs
- Bahrain Tribune
- 15 June 2008
The Kingdom of Saudi Arabia is in talks with Sudan and other countries to grow grains to meet its strategic food needs.
Bahrain may invest in Manila farmland
- Bahrain Tribune
- 14 June 2008
Bahrain is eyeing a major food production programme with the Philippines in a bid to ensure food security in the Kingdom.
Saudis plan to grow crops overseas
- Financial Times
- 13 June 2008
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.
Countries Are Renting Farmland Abroad
- US News and World Report
- 12 June 2008
As food crisis worsens, some nations are desperate for arable land
Ukraine capitalizing on food crisis
- Kyiv Post
- 12 June 2008
The expectation in Ukraine is that billions of dollars of fresh investment and agriculture reforms, namely sanctioning of agriculture land sales, could double or triple domestic grain production to 100-150 million tons levels in the long term.