Cambodia

'Global land grab' causing alarm among NGOs

The global food and financial crises have combined to create a new form of colonialism in which countries short of resources and corporations desperate for profits are buying up arable land in emerging nations, NGOs say. The non-governmental organisations have expressed concern at this "global land grab," which they say is threatening the survival of rural livelihoods in some parts of the world.

A vendre : pays pauvres

Le Cambodge a annoncé qu’il devrait avoir signé d’ici à mi- 2009 et que les accords concerneraient 2,5 millions d’hectares (l’équivalent de la Bretagne). Notons que le pays continue de recevoir une aide d’urgence du Programme alimentaire mondial, ce qui permet de douter de sa capacité à nourrir à la fois sa population et celle du Golfe…

Cambodia holds land deal talks

Cambodia is in talks with several Asian and Middle Eastern governments to receive as much as $3bn in agricultural investment in return for millions of hectares in land concessions, according to a senior government official.

South Korea's Daewoo to grow corn in Madagascar

South Korea's Daewoo Logistics will plant corn in Madagascar, a company official said on Tuesday, with a long-term aim to replace more than half the corn it currently imports from mostly the United States.

Gulf states covet Asian farms

Once committed largely to perceived safe-haven investments in the United States, Gulf nations are now looking to send their petrodollar surpluses towards a more exotic global destination: Southeast Asian farmland.

Qatar, Vietnam set up US$1b fund, eye agriculture, paper

8Natural gas exporter Qatar and Vietnam have set up a US$1 billion fund to invest in sectors including agriculture. Sovereign wealth fund Qatar Investment Authority will provide 90% of the fund's equity, Gulf Times reported, citing Phung The Long, Vietnam's Ambassador to Doha. "We have exchange ideas about setting up an animal farm for breeding cattle and lambs," The Long said.