Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops.
Participants from various communities shared documented cases, stories and photos of how large-scale investments of local and foreign owned companies are displacing communities and how people oppose such type of investments.
India, which doesn’t allow corporate farming domestically, has joined the growing list of countries going overseas to look for food security.
Sri Lanka is opening up its farmland to attract international investment and is keen on building business partnerships with Gulf based firms.
It concerns 5000 acres of the Somawathiya National Park in Sri Lanka being cleared for a large-scale banana plantation by an international agribusiness company, Dole.
A recently uncovered cabinet memorandum has provided details of the new “Sri Lankan Land Alienation Policy to Promote Development Activities”.
The first Africasia Sustainable Farming Fund will be investing in land across the Africasia region and in Sri Lanka to take advantage of the current post war economic boom in the country and the demand and shortfall for basic food crops in the region and globally, reports Apex Fund Services, a UK-based hedge fund
Sri Lanka's Minister of Industry and Commerce Rishad Bathiudeen invites Saudi businessmen to invest in Sri Lanka and says his country can cultivate agricultural crops for Saudi Arabia.
Land deals, whether as direct purchases or long-term leases, are being brokered in poor countries by advanced capitalist countries and their TNCs
Leopard Capital's second Cambodian fund is expected to continue investment in agriculture, as well as potentially including investment in Laos.
One of the objectives of the caravan is to send the Asian peasants’ strong message against global land grabbing and inspire other peasants worldwide.
"We are trying to promote Qatari investment in [Sri Lanka's] farm sector.”
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Tanzania: BBT gets massive AfDB 347bn/- boost
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