Ethiopia seeks Indian investment in farming
- IANS
- 01 February 2011
'Indian farmers can avail the opportunity of vast farming land set aside by Ethiopia,' says Ethiopian Agriculture Minister.
'Indian farmers can avail the opportunity of vast farming land set aside by Ethiopia,' says Ethiopian Agriculture Minister.
In a recent letter to the Ministry of Agriculture, Girma urges the Ministry to stop giving land to an Indian company, warning that such a deal would damage Meles Zenawi’s “good reputation” on the campaign against global warming.
Chadha Agro Plc, one of India’s giant operators in agro business, is set to receive 100,000 ha of Oromian land (an area nearly twice the size of Singapore country) in addition to the 300,000 ha of land given to various other Indian investors recently.
The lure of cheap land and the promise of making big money are making local farmers and NRIs invest in African countries like Liberia and Ethiopia, whose economies were wrecked by the civil wars.
Si les méga projets de la taille de celle de Daewoo et de Varun sont en veilleuse, des projets de taille nettement plus modestes sont sur pied.
Jusqu’ici, la présence de cette entreprise indienne en terre malgache ne fait l’objet d’aucun contrat clair avec l’Etat ou avec qui que ce soit.
Land deals, whether as direct purchases or long-term leases, are being brokered in poor countries by advanced capitalist countries and their TNCs
'We want responsible investment by Indian companies,' Gurjit Singh, joint secretary in charge of east and southern Africa said amid allegations by some critics that Indian companies are indulging in land grab in Africa.
India's ACIL Cotton Industries said it plans to invest nearly $15 million to start contract farming of crops like coffee, pulses, oilseeds, cereals, potato, sugarcane and vegetables through lease-hold agricultural land in Brazil, Congo and Ethiopia.
Madagascar is drawing farmer-entrepreneurs in large numbers from India’s breadbasket, Punjab and Haryana.
The Diaspora is just airing the voice of the voiceless Ethiopians for those who are on a land bonanza to stop hurting our people. There is a great danger coming. When? No one knows but it is coming.
In Kilombero District, Tanzania large swathes of land are being earmarked for large-scale rice production.