Asia's great land grab
- RFA
- 26 February 2014
Rising tension over land seizures is emerging as a critical issue in Asia. An RFA special report examines the changing dynamic of Asia’s Great Land Grab.
Rising tension over land seizures is emerging as a critical issue in Asia. An RFA special report examines the changing dynamic of Asia’s Great Land Grab.
Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin.
SSI, a Vietnames securities company, has joined forces with LR Group to set up a $150 million fund to invest in agriculture.
Germany's largest bank, Deutsche Bank, confirms that one of its funds has sold its shareholding in a Vietnamese company accused of rights abuses in Laos and Cambodia.
Two Vietnamese firms bankrolled by Deutsche Bank and the International Finance Corporation – the World Bank's private lending arm – are leading a wave of land grabs in Cambodia and Laos, causing widespread evictions, illegal logging and food insecurity, according to a report.
Rubber Barons shows how vast amounts of land have been acquired for rubber plantations in Cambodia and Laos by two of Vietnam's biggest largest companies, Hoang Anh Gia Lai (HAGL) and the Vietnam Rubber Group (VRG).
The company will also seek to obtain land concessions for additional rice cultivation in the districts of Soukhouma and Sanasomboun.
Using or acquiring land for your company can indeed be a risky business and particularly when poor communities are affected.
"The project has been terminated due to the failure of T4M inability to fulfill their side of the agreement"
More than 30,000 hectares of land in Nampula province will be handed over to Vietnam’s agricultural investors, according to Mozambique News Agency.
Vietnam's Long Van 28 Company is planning to seek funding from the Government to invest in some 200,000 hectares of rice in Sierra Leone.
Vietnam’s Hoang Anh Gia Lai Group started work on the construction of a US$100 million sugar and sugarcane industrial cluster in Attapeu province, southern Laos.