Australians do realise the value of what is being sold, a land agent and rural property specialist said, "but their hands are tied because they can't raise the money".
Subsidiary of Singapore's Wilmar pays $115m for Australia's largest sugar mill operator and plans to buy back former cane land now used for timber plantations to expand sugar production.
Indonesia, the world's No.1 palm oil producer, signed into law a 2-year freeze on new permits that may prompt palm oil firms to seek new ways to grow supply to meet rising demand from India and China, such as buying more land in Africa
Increasing industrial production of oil palm in sub-Saharan African countries, carried out by foreign corporations, is destroying the livelihoods of thousands of Africans and the biodiversity of ecosystems.
Wilmar's take-over of Sucrogen gave the company a significant amount of cane land that it increased with the purchase of additional farms to guarantee cane supply, outbidding local farmers for land.
Le géant agro-industriel ivoirien Sifca a réalisé à quelques semaines d'intervalle deux opérations majeures dans le caoutchouc (22 000 ha) et l’huile de palme (8 800 ha).
Fusions-acquisitions, achats de terres, coentreprises… Le continent attire des investisseurs venus de toute la planète, assurés d’y trouver la réponse à des besoins mondiaux en nourriture qui ne cessent d’augmenter. Tour d’horizon d’un grenier en devenir.
Wilmar claim to be investing in project that will employ 500 people with investment capital of $40 million. Yet the land in question supports the entire fishing industry in Tema.
