Indonesia taken to task over MIFEE
- Down to Earth
- 30 November 2011
The following report, by independent researcher Anna Bolin, explores the global trends and influences at work behind agriculture mega-projects like MIFEE in Papua.
The following report, by independent researcher Anna Bolin, explores the global trends and influences at work behind agriculture mega-projects like MIFEE in Papua.
“Throughout these few days, we have exchanged our experiences as farmers. I have learned that land grabbing is slightly different in every country—but the consequences are always the same. Without land, we cannot live.”
Citadel Capital, which owns farms in Egypt and Sudan, is expected to start talks with the China Investment Corporation next month.
PrimeAg chairman said while it was talking to domestic and offshore investors about taking part in the fund to reach a target of $600 million in funds under management within six months, it had grander ambitions.
Farm Lands of Guinea Inc. have decided to apply for a 10,000 ha lease in the Office du Niger to grow soybean, maize and rice
Pension funds should abstain from investments that do not go by these rules and prefer investments in their own geographical area as an excess supply of non-productive capital has a negative influence on commodity prices.
A report from the UN Food and Agriculture Organization in seventeen Latinamerican and Caribbean countries discovered an intense concentration and foreign-held land process.
"The stock market's pretty wild. The bond market's nothing. CDs are zero," said Steve Runyan, an agricultural real estate appraiser, "and so you have a tremendous amount of money in pension funds and investment funds of some kind that need some kind of return." Some of his clients for California farmland are international companies looking at global population trends.
In an apparent attempt to avoid protests from farmers who have expressed fears that the goverment would acquire their lands to give it to MNCs, Chief Minister urges them not to be carried away by a "misinformation campaign".
Oromo nationals in Berlin staged a peaceful demonstration to protest against Meles Zenawi’s sale of farmlands in Oromia to local and international land speculators and to show solidarity with the Occupy Wall Street Movement.
Legislation and practices aiming to safeguard customary land rights are largely failing to give real decision-making authority to communities affected by large-scale land acquisitions in sub-Saharan Africa, says a recent report by the Center for International Forestry Research.
The China Green company wants to acquire 10,000 acres of farmland in Pakistan on lease to grow fruits and vegetables.