A massive pig breeding and farming operation in Vietnam is set to expand, aided by $26 million in funding recently granted by the International Finance Corporation (IFC).
- Sentient Media
29 Mar 2022
Colonial and anti-colonial movements’ have deeply shaped the patterns and impacts of concessions in Southeast Asia. In some cases, communities have experienced dispossession through land grabs dressed as concessions. In others, concessions are part of a re-concentration of land holding.
HAGL currently has some 10,000 hectares of fruit trees, including 2,500 ha under banana in Vietnam, 1,500 ha in Laos and 1,000 ha in Cambodia.
AVG Capital Partners will build a pig farm on 1,000 hectares of land in the Nghi Son Economic Zone to raise five million hogs a year.
The agribusiness company, Hoang Anh Gia Lai (HAGL), pledged to World Bank in 2015 to return land within its rubber concessions to local communities. But as residents have sheltered at home due to COVID-19, the company has cleared much of the land.
The funds will be used for the procurement of specific agri-commodities from smallholder farmers in Vietnam, Indonesia, Timor-Leste, Papua New Guinea and Uganda as well as the expansion of Olam’s cocoa processing facility in Indonesia.
The TH Group has settled a deal to buy three Top End cattle stations in Australia, covering 732,900 hectares and with 60,000 head of cattle, more than 12 months after a contract was signed.
Vietnam's HAGL Agrico, which has 18,000ha of agricultural land worth about US$400 million in Ratanakiri province northeast Cambodia, has shipped its first batch of fresh bananas from its Cambodia plant to China
Singapore-based Olam International has positioned Vietnam as an export center for Asia, symbolized by a massive pepper plantation in central Vietnam the size of roughly 150 baseball stadiums.
Threats of and actual displacements of rural communities in the Mekong have been on the rise amid increasing land deals for corporate plantations, mining, logging, biofuels, food crops for exports.
- Mekong Solidarity
11 Sep 2019
Nine Lao villagers held for over two years for protesting the loss of land awarded by the government to a Vietnamese rubber company have been sentenced to prison terms ranging from two to six years.
- Radio Free Asia
06 Aug 2019
After a decade of hardship, indigenous villagers in Cambodia scored a significant victory after they put pressure on the World Bank Group over its financial ties to a land-grabbing company, Vietnam agribusiness giant HAGL.