Bangladesh seeks Myanmar farm land on lease
- Reuters
- 26 June 2008
Bangladesh urged Myanmar on Thursday to lease it farm land near the border for rice cultivation to meet its growing food demand, an official said.
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Mauritius: Food security
- Gvt of Mauritius
- 26 June 2008
An agreement for the allocation of 5,000 hectares of land in the Beira region was signed by Mauritius and Mozambique early this year.
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Arabs diversifying overseas investment
- Dawn
- 23 June 2008
Globalisation has taken yet another twist with some Middle Eastern countries deciding to grow their crops in other countries.
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Gulf states seeking food security
- Dawn
- 23 June 2008
The Dubai-based think-tank Gulf Research Centre, in its food inflation report released last month, noted that agriculture production in the six-member Gulf Cooperation Council’s (GCC) countries is on the decline, and its exposure to unstable global food supplies would increase in the future. It called on the GCC to develop links with countries rich in arable land.
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Leasing lands in other countries to boost food production in Bahrain proposed
- Khaleej Times
- 22 June 2008
Leasing farms on contract in Arab countries such as Iraq, Egypt and Sudan might be an option to deal with severe shortage of agriculture lands and water in Bahrain.
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Deals could be ‘win-win’
- The National
- 21 June 2008
The high-profile economist Prof Jeffrey Sachs says plans by Gulf countries to invest in developing world farms could be “win-win” for both sides, but cautions that the schemes could end in “disaster” if the focus is solely on profits.
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UAE ‘should invest in foreign farms’
- The National
- 21 June 2008
The UAE and its food-importing neighbours are “particularly vulnerable” to spiralling costs and should make significant investments in “contract farming” in Africa and Asia, says the UN’s Gulf food chief, Dr Kayan Jaff.
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Gulf eyes oil-for-food pacts
- Inter Press Service
- 20 June 2008
Recent attempts by Persian Gulf countries to invest in farmlands abroad to counter soaring inflation and guarantee long-term food security could prove to be a win-win situation in the short term for both the oil-rich region and its investment-hungry neighbors, but continued high oil prices may neutralize the gains in the long-run, say experts.
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RSG set to enhance rice production
- The Tide News
- 19 June 2008
The Rivers State Government has reiterated its resolve to create an enabling environment to enhance rice production and processing, as well as promote and protect other agricultural business interests in the state.
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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.
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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.
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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.
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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.
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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.
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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.
