Osun State governor Rauf Aregbesola signed a Memorandum of Understanding with Syncop Corporation of Korean for a $400 million investment deal in food production and other areas of agriculture.
The relationship between landowners and land on which people are living is not so clear in Africa, so the first thing we have to do is to survey lands and clarify the ownership of the land, says Korean diplomat.
More than 613,000 hectares of Australia's NSW's agricultural land is owned by UK-based investors, compared with 227,300 ha owned by Korean interests and 55,560 ha by US investors.
According to Kim's office, Bulgaria has much growth potential as South Korean firms' gateway into southeastern Europe, and Ukraine, boasting fertile farmlands, could grow into a viable partner for South Korea in agriculture.
Russia's state-run news agency reports that a delegation from North Korea held talks with authorities in Russia's Far East on leasing land to grow vegetables and grain.
Hace alrededor de dos años los empresarios de origen coreano comenzaron los atropellos contra la comunidad, desmontando y matando animales e intentando alambrar.
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".
Korea wants to secure a total of 380,000 hectares of overseas farmland by 2018, the agriculture ministry said in an e-mailed statement today. Priority countries include the Philippines, Cambodia, Ukraine, Indonesia and Russia.
