Asian Agri Capital, a Singapore private-equity firm that focuses on early-stage plantations, is seeking to raise $100 million to invest in palm oil and other tropical commodities in Southeast Asia and Latin America
Karuturi expects to acquire 311,700 ha of land in Tanzania that is similar to Ethiopia and has already applied for 1000 ha of land at Rufiji Basin, Coast Region.
The government of Pakistan has offered 6mn acres of its agricultural land to resourceful countries and multinational companies (MNCs) for corporate farming, corporate sources have said.
The company plans to lease land to grow palm oil, sugar cane and cereals in Tanzania, to add to land it has acquired in Ethiopia. Karuturi is visiting Tanzania, Uganda and Ethiopia as part of a delegation of 35 Indian investors.
About nine thousand people who will be evicted from the Nansanga Farm Bloc
in chief Muchinda’s area in Serenje district face destitution because the
government has not offered them alternative land.
In recent years, Mennonite Christians have been joined by Brazilian ranchers and private European investors, mainly from France, Germany and the Netherlands, to partake in a 21st Century land rush that has wiped out 1m hectares - nearly 10% of the forest - in just four years.
China, the second-largest buyer of soy in the world wants an end to intermediation by U.S multinational companies working in the sector and plans to invest purchasing directly from farmers in Mato Grosso and another five states in Brazil.
Despite all the attention on Chinese bids for New Zealand dairy farms, it is in fact Germany that is fast expanding its investments in this sector.
- Agra Europe
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16 August 2011
The Funds will invest in agricultural, renewable energy plantations and forestry businesses, with a fundamental principal of owning the core assets through the funds with the management of all operations carried out by established operators in the region.
- Online PR News
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16 August 2011
One of New Zealand's richest men has emerged as a white knight investor with a $105 million bid for big dairy farms that could otherwise be sold to China.
The Western Australian Farmers Federation has concerns that Chinese companies are considering buying farms (80,000 ha) across WA's Great Southern and South West.
Victims of land disputes nationwide are being encouraged to unite, as figures released yesterday highlighted the magnitude of what is often referred to as an “epidemic of land grabbing” in Cambodia.
- Phnom Penh Post
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16 August 2011