The joint venture project between Qatar's Baladna and the Algeria's National Investment Fund will develop a vertically integrated dairy operation in Algeria, spanning 117,000 ha.
Chinese billionaire Xianfeng Lu has put one of the country’s biggest dairy operations, the nearly 200-year-old Woolnorth farming aggregation in Tasmania, up for sale after losing a big milk supply contract with dairy giant Fonterra earlier this year.
The cancellation of the title followed a public outcry that it was illegally issued to two individuals, as well as another suspension of a 2,300 ha land title in the same district that had been claimed by Terra Agri Solutions Ltd for a commercial farm.
The Vietnamese conglomerate’s regional expansion will include 11,600 hectares dedicated to intensive banana production across the four new farms, two of which will be in Cambodia.
- Khmer Times
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25 April 2024
Under the alleged scheme, the land worth over US$7 million was illegally taken from two state firms and transferred to war veterans on the condition they lease it to some private firms, prosecutors said.
Sujimoto Group, a leading Nigerian real estate developer, has joined forces with Nigeria's Plateau State to launch an ambitious agricultural project, the Sujimoto Rice Farm Estate.
Iran's seventh development plan calls for extra-territorial cultivation of food crops this year on 400,000 ha in Iraq, Pakistan, Kazakhstan, Armenia, Tajikistan, Uzbekistan, Russia, Africa and Latin America.
- Tehran Times
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24 April 2024
Some Iowans believe the greater threat to US farmland is not China but big-money investors — from capital investment funds to tech billionaires, sports celebrities and churches — that are pushing ownership out of reach of Iowa farmers.
- Des Moines Register
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23 April 2024
The group, which has a dairy joint venture with Israel's LR Group, says it intends to increase its dairy capacity and invest in a 3,000-hectare property in Mindoro to "plant corn for cows" and for other purposes.
- Manila Times
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22 April 2024
With the new injection of funds, HAGL intends to expand its total plantation area to 25,000 hectares for bananas, durian and other economically valuable crops across Việt Nam, Laos and Cambodia.
Lord Leverhulme’s 1911 concession in the Congo, is now held by an African-run New York-based private equity firm with strong links to global philanthropy.
- African Arguments
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21 April 2024
Pakistan has offered Saudi Arabia a cattle farm in Punjab for 30,000 animals and 50,000 acres of land on lease for corporate farming, with reports that a deal with the Saudi Agricultural and Livestock Investment Company (SALIC) could be signed next week when Pakistan's PM visits the Kingdom
The government has indicated a 22% return on the investment in corporate farming with a payback period of only six years, said the sources. The sources said that due to the lack of availability of water corporate farming cannot begin for at least one and a half years.