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
- Saudi Gazette
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05 August 2009
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
- The National
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30 July 2009
By providing powerful agricultural equipment and technical assistance, the brand is participating in Saudi Firm Al-Rajhi International's US$400 Million project to grow corn and wheat in Africa's arid lands
"The government has verified and delineated 1.6 million hectares of virgin land suitable for large-scale commercial farming in different parts of the country," Esayas Kebede, Director of the recently formed Agricultural Investment Support told Reuters.
La ONU hace sonar la alarma después de que se hayan comprado 30 millones de hectáreas.
If the host state and foreign investors act in conformity with these suggestions, they will maximise the prospects that any large-scale land transaction benefits all stakeholders and minimise the chances of concluding harmful deals.
Professeur de géographie politique et du développement à l’université Bordeaux-III et spécialiste des questions foncières en Afrique, Christian Bouquet nous livre sa réflexion sur l’évolution de ce phénomène inquiétant.
- Jeune Afrique
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22 July 2009
2009 is the year characterised by Arab' 'land grabs', where developing countries have been targeted by the kingdom as having the potential to feed the swelling food demands of Saudi Arabia
- Companies and Markets
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17 July 2009