Pakistan

Pakistan seeks investment to build eight million houses

“We have finalised plans for the corporate farming project and we have the capabilities to meet the food requirements of the GCC countries," said Senator Waqar Ahmad Khan, Investment Minister of Pakistan. “They will be able to export 50 per cent of the crop while the 50 per cent would be sold in Pakistan,” adding that 6.65 million acres of land for agriculture is available in Pakistan.

Pakistan: The great land grab

THESE days, as we follow the struggle against the Taliban in the northwest, we can be forgiven for missing other important news. For instance, I had filed away a report on plans to lease large chunks of agricultural land in Punjab and Sindh to overseas investors in the back of my mind, planning to write about it later. When I ran a Google search on the subject, however, I realised the enormity of the scam.When I ran a Google search

Pakistan’s farmland sales: a fatal folly?

Any student of history will tell you that a recurring feature of 20th century revolutions and civil wars was conflict over land ownership, driven by the resentment of the rural poor against the concentration of agricultural wealth in the hands of the elite.

Rethinking corporate farming

Our government is planning to offer Arab investors legislative cover to protect them from changes in the government, but hardly any attention has yet been given to the need for protecting poor labourers who will be working for Arab corporate agriculture companies

Farmland: selling sensitive ideas

In its bid to experiment with new ideas, the Pakistani government has decided to play host to overseas investors keen on acquiring farmlands to capitalise on food insecurities post-2007-08 crisis.

Philippines offers farm products to Saudi

The Philippines has offered to become a major source of agricultural products to Saudi Arabia ahead of a planned visit by the kingdom’s agricultural minister Fahd Balghunaim, Arab News reported on Wednesday.

Pakistan woos investors from UAE

"Pakistan has finalised plans to offer ownership of agricultural lands to investors for farming, and is targeting investors from the UAE and other Gulf countries to help with their own food resources."

Food follies

The Federal Minister of Investment in Pakistan, Waqar Ahmed Khan, said this week that the government plans to sell or lease 1 million acres of farmland to foreign investors, primarily from Saudi Arabia and other Gulf countries. Although the news has yet to gain much coverage, if carried out it could punctuate growing unrest and frustration, given Pakistan’s limited amount of arable land and population of more than 170 million.

Pakistan land for rent

A cash-strapped Pakistani government plans to sell or rent one million acre land to foreign countries for agricultural purposes in a bid to underpin the country’s troubled economy. “A complete legal cover will be provided to the investors so that even in case of the change of government, they should not be affected.”