ECSSR praises UAE diplomacy in Latin America
- WAM
- 19 Oct 2009
The UAE is interested in investing in agriculture sector as one of the strongest sectors in Colombia due to the availability of fertile land and natural irrigation systems.
The UAE is interested in investing in agriculture sector as one of the strongest sectors in Colombia due to the availability of fertile land and natural irrigation systems.
Cambodia will be the fourth country after Sudan, Egypt and Pakistan to receive UAE investments intended to achieve a food security plan drawn up by the government. Large-scale planting on Cambodian land acquired through purchase or 99-year lease may be launched there next year.
Cambodia's agriculture minister welcomed the UAE plans of the land reclamation in Cambodia, indicating Cambodia will be a partner to the UAE in regard to the agriculture.
Critics say that by seeking to solve their food shortage problem through foreign farmland acquisitions, the rich emerging economies may succeed in producing enough quantity for their populations but may in the long-term be exporting their food insecurity to other nations.
An Afro-Arab agriculture conference on farm investment, which was to take place in Zanzibar, has been cancelled due to the Tanzanian governmnt's 11th hour refusal to host it.
As part of its policy of food security, Abu Dhabi acquired 30,000 hectares of land last June through its development fund to grow alfalfa, which is used to feed cattle, and other crops such as corn.
"We have acquired a very large piece of agricultural land in the Nile Delta – a 15,000 sq km tract of land where we will be producing for international markets, including the Arab World."
Bangkok was wary of GCC efforts to ensure its food supplies by purchasing rice growing lands, and now political instability is chilling the investment climate. Tom Spender reports
During Pervez Musharraf’s time, Beijing had proposed that it be leased 2,000 acres of land for a period of 10 to 15 years with the agreement that China would make technological and financial investments in the land, invest in newer forms of seeds and other products and leave the new infrastructure to the state or the owners after the termination of the contract.
It is unfortunate that even as deals that involve land which should belong to the people of Pakistan are struck, there has been so little public debate about the plan. We need to be informed of what is planned. Protests need too to be mobilized. In the prevailing political environment of Pakistan, the people who stand to lose the most have almost no spokesmen.
PAVA offers its shares to Gulf investors for food supplies. It will start road show to UAE and Saudi in October.
There are better means to meet the food needs of the Saudis than to lease thm land that belongs to the state and the people of Pakistan