Gulf investors more covert on land deals
- Daily Nation
- 30 August 2009
Land buying firms no longer disclose their identities to avoid tarnishing their image
Land buying firms no longer disclose their identities to avoid tarnishing their image
Al-Raghi a connu un investissement fructueux dans le secteur agricole égyptien où la société cultive 25 000 feddans (10 500 ha) dans le projet Tochka sur un total de 125 000 feddans (52 500 ha). La deuxième phase du projet commencera en début de 2010.
La crisis del fósforo (clave para la vida), un grave y nuevo reto para la Humanidad. Respuestas capitalistas a la decadencia de la agricultura mundial y alternativas proletarias. Eslóganes.
Egypt's Beltone Private Equity and Sudan's Kenana Sugar Company have agreed to set up a firm to invest up to $1 billion in large-scale agriculture projects in both countries, Beltone said in a statement on Wednesday.
A group of Saudi-based investors announced earlier this monthy a seven-year plan to develop and plant 700,000 hectares to produce 7 million tonnes of rice in countries like Uganda.
Ethiopian government has defended its plan to offer 2.7 million hectares of farmland to foreign companies despite millions of citizens who need food aid from the international community.
Gulf states buying farmland in developing nations for food security face the risk of damaging their reputation as international investors as the deals are seen as land grabs, a Rothschild executive said yesterday.
The Asharqia Chamber in Saudi Arabia has sent a circular to businessmen in the region to invest in agriculture projects overseas following a government directive
Le programme, du nom « 7X7 », prévoit de développer 700 000 ha de terres agricoles pour produire en 7 ans 7 millions de tonnes de riz au Mali, au Sénégal et peut-être au Soudan et en Ouganda.
The $1bn project, dubbed 7X7, aims at developing 700,000 ha of farmland to produce within 7 years 7 million tonnes of rice in Mali, Senegal and maybe Sudan and Uganda.
Because of the political sensitivity of the modern-day land grab, it is often only the country's head of state who knows the details. Der Spiegel investigates.
“It is the height of stupidity for our country to bargain our lands for the sake of other nation’s food security, while being dependent on importation for our very own food security needs,” says Rafael Mariano