Selling to Korea
- CNN
- 24 December 2010
CNN's Robyn Curnow sat down with the head of Tanzania's Development Authority, Aloyce Msanja, to find out about the sale of "unused" land to Korea.
CNN's Robyn Curnow sat down with the head of Tanzania's Development Authority, Aloyce Msanja, to find out about the sale of "unused" land to Korea.
In Kilombero District, Tanzania large swathes of land are being earmarked for large-scale rice production.
Profit-hungry investors hope to avoid the stigma and opposition associated with land grabbing by partnering with local business development groups.
Abu Dhabi's Jenaan Investment owns and leases properties in Egypt and Sudan, as well as leasing land in Tanzania, Ethiopia and the US.
Tanzania expects South Korea to begin farming 15,000 hectares of land in the east African country early next year for food production and processing, a senior official said on Thursday.
Recent years have seen an increasing number of foreign governments acquiring vast tracts of land in Africa for their own use - some say with little or no benefit to Africa.
MMTC, Iffco and Bharti are the latest to find the continent’s land and labour attractive for their agribusiness.
Byn Kikundi är inte ensam. Det kommer många investerare både från utlandet och hemlandet för att bruka mark som inte är deras.
Norfund’s investment will be used to continue expansion of the farm, including preparation of another 2,000 hectares of land, increase in production and storage capacity, machines and equipment
As large-scale investors' interest in acquiring vast swathes of land for commercial agriculture in Africa intensifies, farmers believe the time is ripe for the government to press investors to allocate shares to villagers as a corporate social responsibility.
African governments need to raise their level of accountability and ensure that they improve and protect their own food security through quid pro quo side-agreements negotiated when they lease or sell their arable land to foreign interests, says Keith Mullin of Thompson Reuters
Government of Tanzania will not compensate villagers who have moved onto land of the proposed irrigation farming project with Korea.