UAE examines farm future
- The National
- 19 October 2008
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.
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.
Conséquence directe de la crise alimentaire mondiale et de la volatilité des cours, les projets d'achat ou de location de terres agricoles à grande échelle, parfois sur des centaines de milliers d'hectares, se multiplient.
As with timberland, while direct ownership and management (i.e., being a farmer), is a possibility, such a route is similarly fraught with difficulties. One of the most significant of these is the issue of diversification in the farmland itself - especially with a single investment. A well-diversified holding of farmland (row crop, permanent crop, pasture and even timber) will, therefore, not only require a significant investment, but may also involve land holdings in a number of different locations.
Saudi Arabia is interested in investment in grain and cattle-breeding in Kazakhstan, said agency reports referring to the press service of Akmola oblast akim.
The United Arab Emirates is seeking to invest in agricultural projects in Kazakhstan as part of its efforts to secure food supplies.
President of the United Arab Emirates, Khalifa bin Zayed, has said that in order to secure food supply for the country, the government wants to invest in farmland in Kazakhstan
Beijing is adding agricultural investments to its “go outward” strategy, under which domestic businesses are encouraged to venture into foreign markets.
“Look at the colour, what a beautiful crop,” says Richard Spinks, pointing to wheat and rapeseed fields that his company sowed this season in western Ukraine. “If all of Ukraine’s farms could produce the yields we are getting, this country could play a big role in feeding the world and establish itself as a geopolitical power,” says the British chief executive of London-listed Landkom.
A British entrepreneur is leasing land from smallholders in an attempt to revive the breadbasket of the former Soviet Union
Landkom has leased 165,000 acres from thousands of landowners in Ukraine and will reap its first big harvest this year.
China's fast-growing farm corporations may be the next wave of Chinese investors in Australia, joining their already influential mining comrades.
Hedge funds and investment banks are swapping their Gucci for gumboots as they bet on rising food prices by buying farms.