Betting the farm
- Fortune/CNN
- 10 June 2009
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
African nations are becoming more cautious in selling farmland to foreign investors, with governments paying closer attention to deals that could lead to social unrest, AGRA says
Most Chinese investment in African agriculture is concentrated in southern Africa: Mozambique, Tanzania, Malawi and, increasingly, Angola.
A 23-member delegation composed of government and private sector representatives from the Kingdom of Saudi Arabia (KSA) headed by its Minister of Agriculture was recently on a mission here to explore investment opportunities in agriculture.
The Philippine agriculture department has assured that the government’s bid to attract foreign investments to farm ventures will not compromise the country’s food security and self-sufficiency targets.
The United Nations says the issue of food security has become one of the world's fundamental challenges. In the Philippines, the government has started looking beyond its borders as it tries to boost domestic agriculture. Many small farmers, however, are not happy about that, as Marga Ortigas explains
A visit last week by Saudi Arabian businessmen could result in $300 million in investments to develop 20,000 hectares of farm lands for commercial crops.
THE Department of Agriculture (DA) wants to create exclusive economic zones for agribusiness that would take into consideration the nuances of food production and an expanded set of incentives for locators.
Several Arab investors visited this city last week in a mission to look for potential agriculture business in Mindanao where they can pour their investments.
The Philippine government has invited visiting investors from the Kingdom of Saudi Arabia to invest in the halal food industry, said Agriculture Secretary Arthur C. Yap. "They have the fund...we have to find a way to convince them to invest in the Philippines," he said.
Agriculture Secretary Arthur Yap said corporate executives representing the big agricultural businesses in Saudi Arabia have raised concerns about the Philippine agrarian reform and limiting foreign land ownership as they indicated interest in acquiring tracts of plantation land and poultry farms.
Over a million hectares of Philippines farmland will be made available to foreign and local investors in a bid to boost agriculture productivity.
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