Contributing their bit to the global Indian takeover, the government and India Inc plan to buy sizeable land abroad for cultivation. Seen as a long-term answer to keep prices of farm products under control, the grand plan envisages acquisition of large tracts of land in neighbouring countries like Myanmar and far off places like Paraguay.
Saudi Arabia's new ambassador to Brazilian capital Brasília, Mohamad Amin Ali Kurdi, wants to promote the flow of investments between his country and Brazil. The ambassador even proposed the idea of establishment of an agribusiness multinational with Saudi investment, Brazilian know-how and land and possible future participation by companies in other countries.
Japan's big trading houses, which have enjoyed bumper years from betting on iron ore and metals, are getting into the food market, aiming to tap voracious demand in China and emerging economies.
What’s with farming these days? The humble, even if slightly romantic vocation, is attracting a new breed of participants as investing in farmland and agriculture becomes the latest fad in the world of investments.
There is growing interest in agricultural land, which Bramdean Asset Management is looking at and believes has huge potential
Gobal fund manager Schroders is launching an Agricultural Land Fund, only months after closing its USD 6 billion Alternative Solutions Agriculture Fund due to excessive investor demand.
A senior Ministry of Agriculture official on Thursday dismissed foreign media reports about China hoarding overseas farmland, saying the country is fully capable of ensuring its own food security.
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.
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.
As food crisis worsens, some nations are desperate for arable land
Agacpita President Steven Johnston explains the philosophy of investing in farmland
Calyx Agro is a newly created venture focused on the acquisition, development, rental and operation of agricultural land located in South America with an emphasis on Brazil.
