Pirates are not the only source of concern off the African coast. The deal South Korea’s Daewoo Logistics is negotiating with the Madagascan government looks rapacious. Alas, it is but the latest brazen example of a wider phenomenon.
South Korea's Daewoo Logistics will plant corn in Madagascar, a company official said on Tuesday, with a long-term aim to replace more than half the corn it currently imports from mostly the United States.
Gulf nations now are quietly scouring the globe for rich farmland to rent or buy outright.
Installé depuis 2008, le groupe Dte/Pda compte à son actif une superficie de 35 000 ha et est représentée dans 11 régions du Sénégal.
Myanmar proposed to Bangladesh to take lease of at least 50,000 acres of land in its Rakhine state for contract farming of paddy, onion, maize, soybean, tea, and sugarcane
Yang told the Philippine President that they are eyeing a 10,000-hectare land in Davao del Sur as possible site for their planned laboratory where they will conduct tests on the viability of growing traditional Chinese herbs, the main ingredient of JKG medicines.
Talks are on with investors from Qatar, UAE and Saudi Arabia. 25,000 Punjab villages will be affected.
Soaring food prices, supply fears among import-dependent countries and rising demand for biofuels have driven up investment in agricultural land, notably in Africa.
Angola, one of the world's fastest-growing economies, has launched an ambitious plan to exploit both its fertile soils and high global food prices to attract $6bn (€4.3bn, £3.4bn) in agriculture investments over the next five years.
"Jilin and other corporate entities in China are taking major steps to increase the amount of China-controlled soy plantation both in China and around the world," reports the US Consulate in Shenyang
Once committed largely to perceived safe-haven investments in the United States, Gulf nations are now looking to send their petrodollar surpluses towards a more exotic global destination: Southeast Asian farmland.
Japanese food corporations are stepping up their diversification and security of food sources, in particular taking ownership of the entire supply chain, from owning the farms in other countries, through to the processing and distribution of the food stuffs.
