Mitsui May Boost Farm Investment Overseas on Demand

Mitsui & Co., Japan's second-largest trading company, may increase investment in farming overseas to secure food supplies as competition from China, the biggest grain consumer, intensifies. The company is seeking new targets after taking a 39.35 percent stake in Multigrain AG, which produces soybeans in Brazil, the world's second-largest grower.

Daewoo fait main basse sur Madagascar

L’opinion publique malgache, informée par la presse internationale, est particulièrement en alerte car plusieurs grands projets déjà en cours à Madagascar démontrent la réalité de contrats dont les termes conjuguent une exploitation drastique des richesses du pays par les investisseurs étrangers avec des bénéfices insignifiants pour la nation et les populations malgaches.

The silent tsunami

Some fear that the land grabs could worsen poverty because few benefits will flow to the poorer host countries, and small farmers could lose out. Although the UN Food and Agriculture Organisation (FAO) is drawing up guidelines to protect their interests, it is far from clear whether anyone will follow them.

Daewoo unsure of Madagascar deal

"They [Daewoo] have prospected for land and now the central government is waiting for the prospecting reports,” the Malagasy land reform ministry told the FT. Critics said the welfare of Malagasy people and global food security would be better served by islanders being helped to manage their own farms. They stressed the trickle-down effect of Daewoo’s plan would be marginal and noted the company’s focus on exporting food from a country in which about 600,000 people rely on relief from the United Nations World Food Programme.

Rich countries carry out '21st century land grab'

Nomadic herders, rarely a priority for governments, are being dispossessed by bioethanol developments in Kenya, says Michael Taylor of the International Land Coalition (ILC), and they also depend on the “unused” land that Madagascar offered Daewoo.

Le nouveau Monopoly des terres agricoles

Sauf secret bien gardé, c’est à ce jour la plus importante transaction du genre : la Corée du Sud vient de révéler qu’elle va louer 1,3 million d’hectares de terre à ­l’État malgache.

Terres à louer, terres aliénées

Dernières nouvelles de la mondialisation : la société sud-coréenne Daewoo Logistics négocie avec le gouvernement de Madagascar la location, pour quatre-vingt-dix-neuf ans, de quelque 1,3 million d'hectares de terres agricoles. Soit un quarante-cinquième de la superficie de l'île : comme si la France accordait pour un siècle à un investisseur étranger la libre disposition de deux de ses départements...