Saudi Arabia looks to foreign farmlands to feed itself
- Dawn
- 26 April 2009
The issue of food security is getting higher on Riyadh’s priority list.
The issue of food security is getting higher on Riyadh’s priority list.
Officiellement, les terres arables louées à la Chine n’existent pas. C’est que les autorités kazakhes craignent la réaction de la population rurale devant la “concurrence déloyale” représentée par l’arrivée en masse de paysans chinois, dont l’équipement agricole est supérieur au vieux matériel soviétique encore utilisé sur la plupart des exploitations kazakhes.
Two listed Saudi companies plan to invest in either farming or agri-business abroad under a state-sponsored plan to ensure steady food supplies.
Saudi Arabia will invest in agro-industy of Kazakhstan, reported Interfaz-Kazakhstan with reference to the Ministry of Agriculture.
Investment in the agriculture sector is currently problematic due to the international financial crisis; last year’s interest in buying up land or companies in this sector has melted away.
Saudi Arabia's Hail Agricultural Development Co (Hadco) said on Monday it would look at investing in Turkey and Kazakhstan after moving into Sudan under a government plan to ensure steady food imports.
Saudi Arabia, one of the world's biggest rice importers, has received the first batch of rice to be produced abroad by local investors, state news agency SPA reported on Monday.
King Abdullah received today Saudi Arabia's Minister of Commerce and Industry accompanied by two Saudi businessmen Mohammad Hussein Al-Amoudi and Abdullah Hassan Al-Masri on the occasion of the arrival of the earliest produce of their rice to the Kingdom.
Le Cambodge a annoncé qu’il devrait avoir signé d’ici à mi- 2009 et que les accords concerneraient 2,5 millions d’hectares (l’équivalent de la Bretagne). Notons que le pays continue de recevoir une aide d’urgence du Programme alimentaire mondial, ce qui permet de douter de sa capacité à nourrir à la fois sa population et celle du Golfe…
Rich governments and corporations are triggering alarm for the poor as they buy up the rights to millions of hectares of agricultural land in developing countries in an effort to secure their own long-term food supplies.
The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.
Some experts believe that the emphasis should be on overseas agricultural investments as well as a boost in trade relationships, due to the unavoidable handicaps to domestic agriculture.
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