Korea wants to secure a total of 380,000 hectares of overseas farmland by 2018, the agriculture ministry said in an e-mailed statement today. Priority countries include the Philippines, Cambodia, Ukraine, Indonesia and Russia.
At the III International Islamic Business and Finance Summit in Tatarstan, Russia representatives of Saudi Arabia's Foras Investments requested 10,000 ha of land in Tatarstan for agricultural projects.
Saudi Arabia’s Minister of Agriculture calls Kazakhstan, Russia and Ukraine “probable countries of investment” in farmland and confirms Kingdom's continued interest in farmland in south Sudan.
Investors are thinking big when it comes to farmland purchases, reports Andrew Shirley in Knight Frank's Wealth Report 2011
Glencore has an 8.7% share of the "addressable" global grain trade and farming operations covering 270,000ha in Argentina, Australia, Kazakhstan, Russia and the Ukraine.
News that the Russian government is working with Goldman Sachs to set up a $10 billion private equity fund, part of which will be allocated to agribusiness, underscores that Russian agriculture is again on investors’ minds.
The Republic of Dagestan will provide the US company with 100,000 hectares of land in Nogai district for a project to produce and process sugar beets and vegetables.
O principal grupo agrícola da China, Heilongjiang Beidahuang Nongken Group, anunciou que adquirirá ou arrendará 200 mil hectares de cultivo em países latino-americanos como o Brasil, assim como em Rússia, Filipinas, Austrália e Zimbábue, informou o jornal oficial "China Daily".
El principal grupo agrícola de China, Heilongjiang Beidahuang Nongken Group, anunció hoy que adquirirá o arrendará 200.000 hectáreas de cultivo en países latinoamericanos como Brasil, Argentina y Venezuela, así como en Rusia, Filipinas, Australia y Zimbabue, informó el diario oficial "China Daily".
South Korea will set aside 40 billion won (US$35.8 million) to help local companies secure overseas farmland this year, the government said. Ten billion won will be paid directly to foreign governments supporting such investments.
"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.
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.
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