The movement towards acquiring agricultural land in low-income countries will intensify and Thailand will be of interest to investors, as it is well-endowed with good land, a lot of rain and largely uninterrupted, warm sunshine all year.
A member of the European Parliament said Friday she would push for the European Union to suspend trade preferences for Cambodian sugar after meeting villagers who had been evicted to make way for huge concessions.
The UAE has purchased thousands of acres of arable land in Sudan to grow products for the home market, while Bahraini investors help meet demand in the kingdom from farmland bought in Thailand and the Philippines.
The Bahrain Chamber of Commerce and Industry (BCCI) signed the memorandum of understanding (MoU) on the establishment of Thailand Food Security Stockpile and Distribution Center and Industry with the Board of Trade of Thailand.
"At an UNCTAD meeting on investment in agriculture on February 3, China became the central focus of criticism amid a chorus of concerns about the economic, food security, environmental and social impact of large foreign purchases of agricultural lands in developing countries," reports the US mission to Geneva
Charoen Pokphand officials interacted with various agencies of government involved in seed production and sales in a bid to have access to relevant information and to consider the procedure for acquisition of land.
Khon Kaen Sugar Industry Plc aims to invest about 15 billion baht over the next five years to double its sugarcane output in Thailand and continuously expand its presence in Cambodia and Laos.
Vichai Sriprasent, President of Riceland International, said that Ghana had vast tracts of land and water sources that could be exploited for rice production.
