World Bank, Japan agency offer farm loan for Philippines
- WSJ
- 18 May 2015
A $250 million loan package is being prepared to support foreign investment in farms in Mindanao
A $250 million loan package is being prepared to support foreign investment in farms in Mindanao
Il land grabbing si presenta insomma come un’ultima versione del neocolonialismo, che priva della loro terra i pastori e i piccoli coltivatori locali, l’accaparramento dell’acqua e la perdita della biodiversità. La ricerca si è concentrata sull’Etiopia, l’Arabia Saudita e gli Emirati Arabi: la fotografia è accompagnata da ampi testi esplicativi
The meeting brought together Economic and Trade Ministers from the UAE, Ghana, Morocco, Portugal, Spain and Macedonia to discuss how direct investment could be channeled into agribusiness to achieve food security and prosperity.
The UAE import 85 per cent of its food, and the government plans to develop farmland in other countries — due to the lack of arable lands in the UAE — to secure food supplies amid increasing demand.
he governor Abdul Rahman Al Khidir has meanwhile stressed when he received the UAE investors of Al Mohair Group, specialized in agricultural production in West Omdurman, that the state is ready to provide all necessary assistance so that the production reach its peak.
Eisa Al Ghurair, chairman of Al Ghurair Resources, the agricultural commodities arm of Dubai-based Al Ghurair Investment, warned on Monday of investors buying farmland in foreign countries, citing political risk.
Gulf countries have accumulated a lot of bad press, while having no commercial or strategic benefits from overseas farming intiatives, says Eckart Woertz, Senior Research Fellow at Barcelona Centre for International Affairs.
Top on the agenda of talks between Belarus and the UAE was the purchase of land to produce grain crops in Belarus for their subsequent export to the United Arab Emirates.
Al Dahra et Jenaan travaillent avec le gouvernement égyptien à la création d’une joint-venture destinée à produire du blé dans des régions désertiques en Egypte.
Chiquita-Unifrutti will invest US$60 million in a 2,000 ha banana plantation in an area previously occupied by the Moro Islamic Liberation Front.
UAE-based Al Dahra Agriculture aims to pump water from the country's Aswan High Dam reservoir and deliver it via a 50-kilometre canal to 100,000 acres of reclaimed farmland 60 km from the border with Sudan.
Pakistan is now turning to agribusiness rather than land sales as a means of luring Gulf investment.