Korea

Significant progress - Agriculture and industry in Sudan

Both private and public sector investors from countries such as Qatar, Libya, Jordan, the UAE and Saudi Arabia in the Arab world as well as China and Korea elsewhere now hold long term rights to a total of two million feddans of arable land in Sudan, according to figures from the country’s agriculture ministry.

Alimentos: el mercado falló

Los grandes "acaparamientos de tierras" en África y Asia también son signos de desconfianza en los mercados mundiales. Algunos importadores con recursos –como Arabia Saudita, Kuwait, China y Corea del Sur– han optado por cultivar alimentos en tierras que poseen o controlan en el extranjero en vez de importarlos mediante el comercio internacional. Estos países han cerrado contratos para comprar o arrendar unos 20 millones de hectáreas de la mejor tierra agrícola en países pobres.

Sudan arable land attracting Arab, Asian investors

"I think it is not right to sell or give your land to foreigners... until you have exhausted every local possibility," said Osama Daoud, chief executive of the Sudanese DAL group which runs large agricultural projects.

Rubada gets Sh65bn loan for rice project

South Korea, through the Korean Economic Development Fund, has extended a $50 million (about Sh65 billion) loan to the Rufiji Basin Development Authority (Rubada). About 100,000 hectares of land have been set aside for modern rice farming under the project.