AgroGeneration targeting Ukraine
- Reuters
- 15 Mar 2011
French farm investor AgroGeneration aims to double its business in Ukraine and make a foray in Argentina.
French farm investor AgroGeneration aims to double its business in Ukraine and make a foray in Argentina.
"Politically the (Ukraine) government wants to reassure the population that these traders are not going to export grain while the population starves," says the European Bank for Reconstruction and Development.
The Verkhovna Rada's committee on agricultural policy and land relations is checking reports that Libyan leader Muammar Gaddafi is renting farmland in Ukraine
Les terres agricoles ukrainiennes attirent les investisseurs étrangers. Des Français succombent aux sirènes de l’ancien “grenier à blé de l’Europe”. Deux de ces aventuriers racontent leur expérience.
Libya expects wheat imports to dip slightly on the back of an expected 50% rise in its wheat harvest this year, and is eyeing new investments in foreign farmland to ensure supplies, a government official said.
Asian and Middle East buyers want to buy agriculture companies in Ukraine to secure supply of grains and oilseeds, Vienna-based Raiffeisen Investment AG said.
Countries in north Africa and the Middle East are urgently seeking ways to soften the blow of surging food prices for their citizens, alarmed by protests against authoritarian rulers from Algeria to Yemen.
"The more state regulates and bans things, the more difficult it is to do business"
The large-scale purchasing of agricultural products and assets are the main targets of the UAE delegation visit to the Ukraine.
The EBRD is providing a working capital facility worth USD$25 million to Mriya Agro Holding, which controls 220,000 hectares of land in the Ukraine.
Japanese Foreign Minister Seiji Maehara is eager to promote Japanese investment in the Ukraine farm sector to expand agricultural production in the country as part of Tokyo’s policy of securing food supply, according to the Ministry.
Parliament will consider in March a draft law that would open up the possibility of agricultural land sales