Russia has made 1 million hectares (2.5 million acres) of arable land available to foreign investors. Far East Investment and Export Agency said that several Chinese companies had already expressed an interest in the deal. But analysts are sceptical about the quality of the plots on offer.
Serious trade tension between two key players in global agricultural trade, China and US could bring major lose-lose outcomes for both parties and lead to a new wave of land grabs.
Two organisations expressed concern over land in Preah Vihear province, Cambodia after Hengfu, sugar company based in China, in 2011 and 2016 granted Economic Land Concessions of more than 42,000 hecatres by the Cambodian government.
Two global movements supporting Indigenous Kuoy communities in Cambodia submit a petition to embassies of China and Cambodia calling for the pullout and accountability of Chinese state-owned enterprise Guangdong Hengfu Group Sugar Industry Co., Ltd.
Cambodian government yesterday gave green light to a Chinese-owned firm, Longmate Agriculture Co Ltd, to invest in a banana plantation in Kampot province. Three plantatios cover 5,000 hectares of land that can produce up to 14,000 tonnes of bananas according to Cambodia General Director of Agriculture.
Longmate Agricuture Co., Ltd. une coentreprise d’investisseurs cambodgiens et chinois, a annoncé avoir investi 32 millions de dollars pour la culture de bananes sur 1000 hectares de terres dans le district de Chhouk à Kampot.
“In the long term, South America, and the Black Sea area still have great potential in their arable land, and can play a bigger role in the global soybean supply system,” says the president of state grains trader COFCO.
Judicial police say they have found evidence of money laundering and the use of irregular documents in the acquisition of vineyards.
The UK remains the largest foreign owner of Australian farmland, followed by China and the US, according to the Foreign Investment Review Board 2016–17 Annual Report.
En France, les enquêteurs de l’Office central pour la répression de la grande délinquance financière ont procédé à la saisie de 10 châteaux et domaines viticoles du Bordelais pour un montant d’environ 28 millions d’euros.
In Waingmaw alone, there are more than 11,000 ha of tissue-culture bananas being grown by Chinese and local companies, and there are more than 24,300 ha in the whole state.
“No leasing land to China even for one day,” read a banner hoisted during the recent protests.
