The collapse in Ukraine's land prices presents a "great opportunity" for buyers, Landkom's chief executive said, as he revealed an acquisition plan aimed at part into getting the group into biofuels refining
Ukraine has abundant land resource, only ten per cent of which is currently controlled by corporations.
The land sale moratorium has been extended until 1 January 2012.
South Korea's state-run agriculture trading corporation says that it aims to set up an international grain purchasing and distribution company that can invest directly in foreign farms or control stakes in agricultural operations.
A law that extends the moratorium on the sale of the farmland until 2012 has entered into force in Ukraine.
L’opération permettra d’accélérer l’achat de terre en Ukraine.
AgroGeneration, qui s'est initialement spécialisé dans la production de céréales et d'oléagineux en Ukraine, a été fondée par Charles Beigbeder, "afin d'investir dans la production agricole dans des pays au potentiel important mais inexploité et de répondre ainsi au défi que constitue le doublement attendu de la demande de matières premières agricoles à horizon 2050"
On December 22, Ukraine's parliament adopted a surprisingly unanimous decision to extend the moratorium on the sale of agricultural lands until 2012. Now the ball in the president’s court – he has always considered land to be a commodity.
Glencore's agricultural interests include 300,000 hectares of land in Australia, Kazakhstan, Paraguay, Russia and Ukraine.
"Already we have received a lot of interest from the UAE to invest in Ukraine's agriculture sector, and we are offering all kinds of projects such as leasing of 100,000 hectares of land to the creation of animal farms with 3000 cows," Ukraine's agriculture minister said.
Land investments in Ukraine agriculture
Acheter des terres arables à l'étranger est devenu un investissement stratégique. Va-t-on vers un dépeçage de certains pays pauvres ? Reportage "Paroles du Monde" avec des représentants d'Agter, Le Monde et Agrogénération.
