Vietnam

Vietnam and Qatar in $1bn joint fund deal

Qatar and Vietnam have signed an agreement to set up a joint fund with a capital of $1bn to facilitate investments in both countries. Phung The Long, ambassador extraordinary and plenipotentiary of Vietnam in Doha, said Qatar’s contribution to the fund, through Qatar Investment Authority, would be $900mn and the balance by Vietnam.

Al Qudra buys land for crops

Qudra Holding plans to buy about 400,000 hectares of land in the Middle East, Africa and the Far East by the first quarter of 2009 to boost its agriculture operations, reported The National.

New Gulf funds find investment niches

Three new investment funds controlled by prominent Gulf investors will sink at least US$2.8 billion (Dh10.3 bn) into infrastructure, agriculture and hospitality projects in the Middle East and South Asia.

Al Qudra to buy 400,000 hectares of farmland

Al Qudra Holding, the Abu Dhabi-based investment company, plans to acquire roughly 400,000 hectares of land in the Middle East, East Africa and Far East by the end of the first quarter of next year in a major expansion of its agricultural operations.

Firm plans rice, cassava production

A United Kingdom agro-based firm, Transfor-mation Agrictech has said plan are in the pipeline to tackle the lingering food crisis in four states of Abia, Rivers, Delta and Ebonyi, through by revolutionalised agriculture, which would culminate in the massive production of rice and cassava for both domestic use and export purposes.

UAE looks abroad for food security

The UAE is actively looking at acquiring farmland in Vietnam, Cambodia, Africa and South America in an effort to ensure the availability of food stocks, according to the UAE Minister of Economy.

RSG set to enhance rice production

The Rivers State Government has reiterated its resolve to create an enabling environment to enhance rice production and processing, as well as promote and protect other agricultural business interests in the state.

Wikileaks: The great land grab

"Economic development is spurring a land grab in broad areas of the country, and the poorest Lao are paying the price," reports the US Embassy in Vientiane