Many foreign companies are now positioning for investments in the Philippines such as the Far East Agriculture Corp., a consortium of at least 10 agribusiness companies from Saudi Arabia. Next month, these companies are expected go back to the Philippines for site selection in areas of rice, corn, poultry and livestock production.
The recent typhoons in the Philippines highlighted land and crop use conversion as a factor in worsening the effects of disasters on food production and the need to ensure adequate land for food production. However amid all these, government has reserved more agricultural land for export crops and use of foreign agro-corporations.
Amidst the projected massive growth in demand, the Philippines is set to play a bigger role in supplying 'Halal' goods - particularly food products - with Gulf oil producers looking at plans to invest in farming projects in the Philippines.
“We expect this impending land-lease deal with Saudi Arabia, courtesy of global land-grabbing’s No. 1 puppet in Asia, to displace thousands of farmers and agricultural workers. Ms Arroyo is selling out the country’s national patrimony under the guise of multi-million dollar investment packages,” Anakpawis party-list Representative Rafael Mariano said.
Ten Saudi Arabian agricultural companies wants to make the Philippines their food production hub and distribution center in the Far East.
In the Philippines, a land lease hotspot like Cambodia or Laos, a series of high-profile deals has clashed with long-running demands for agrarian reform including land redistribution.
Casi 20 millones de hectáreas en África, Asia o América Latina han pasado a manos de gobiernos o inversores privados extranjeros
Philippine President Arroyo will meet with Saudi Minister of Agriculture Fahd Bin Abdulrahman Balghunaim to discuss bilateral agricultural projects and with members of the Saudi business community for talks on proposals for investments in the Philippines.
Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey
Bahrain and other Gulf countries' plan to buy agricultural land in Thailand to bolster their food supplies could be thwarted, it has emerged.
"It appears that offering our lands to foreign investors has always figured in the official agenda of Arroyo’s numerous state visits to other countries since assuming office, presumably in line with her "2 million hectares agribusiness development program," Anakpawis party-list Rep. Rafael Mariano of the Philippines said
The wheat farms in Sudan & Uganda are not Egypt’s first foray into overseas farming — the government operates a corn farm in Zambia, a rice farm in Niger, a vegetable farm in Tanzania and plans 14 more farms across Africa — but they are significant because they are among the first efforts to address wheat scarcity after the instability of 2008.
|
250 acres of millets to be cultivated at Tacama mega farm
|
|
How TIAA purchased a legacy of racism & murder
|
|
Cashed-up carbon farming fund lifts portfolio to 106,000ha
|
|
Colombia to spend $4.25 billion to buy land for poor farmers
|
.jpg?1697464924)
