Not a day goes by without new acreage being signed over. "For Sale" ads for agricultural property are now featured in the international financial press. And there's no dearth of clients.
Two of the world's biggest land investors - Saudi Arabia and South Korea - have announced moves to improve their food security. A South Korean company is to buy 125,000 acres in Russia over the next four years and a Saudi group has set up a £600m fund to buy land.
- Land Gazette
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14 April 2009
"Je crois que les tensions seront inévitables où que ce soit, faisant des enclaves agricoles étrangères de véritables forteresses assiégées."
The Saudi Cabinet on Monday approved establishing a SR3 billion agricultural investments company that will partner the Saudi private sector in the quest to achieve food security in the Kingdom.
- Saudi Press Agency
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14 April 2009
An agricultural investment firm owned by the Saudi government will focus on investing abroad to cultivate mainly wheat, rice, sugar and soybeans, a senior agriculture ministry official said on Monday.
Des États à la recherche d'autonomie alimentaire et des grands groupes louent des millions d'hectares à l'étranger. Christian Bouquet, spécialiste en géopolitique, explique le phénomène.
Jordan will dispatch a delegation to Sudan next Thursday headed by its agriculture minister Saeed Al-Masri to discuss an agreement on developing food farms in the East African country, according to media reports.
- Sudan Times
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11 April 2009
A group of private Saudi investors plans to invest 375 million riyals to plant wheat, barley and rice in Ethiopia
The Philippines has signed a $300-million investment agreement with Bahrain to establish agro-fishery businesses in the country.
- Manila Standard
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30 Mar 2009
A consortium of Saudi agricultural companies is looking to invest 150 million riyals ($40 million) into food production in Africa, the Agriculture Ministry said on Sunday.
Saudi investors launched agricultural projects in Indonesia worth $1.3 billion last year, a top business official said on Monday, as the world's top oil exporter seeks to secure food supplies from abroad.
Indonesia will allocate at least 2 million hectares of farm land to joint ventures with Saudi investors to be used mainly for the cultivation of rice, a Saudi newspaper reported on Saturday.
