There is serious overseas interest in acquiring New Zealand farmland, and some confusion in the rules and regulations surrounding the process.
- Otago Daily Times
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05 April 2010
Japan should shun this new kind of colonization like a plague, no matter what well-paid city-based officials may say.
- Japan Times
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04 April 2010
People see the Chinese as moving into Africa, kicking poor farmers off their land, and growing food to be shipped back to China for domestic consumption. This seems unlikely, however, says Doug Saunders.
- Globe and Mail
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04 April 2010
The Indonesian government plans to create a vast agricultural estate in the restive province of Papua, sparking fears of environmental destruction and a return of mass migration policies.
- Sydney Morning Herald
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03 April 2010
The economic nationalism and calls for protectionism seem ironic given the fact that Fonterra itself is a large multinational, which in addition to having farms in China, has since 2002 been in partnership with global food giant Nestle in the Dairy Partners Americas.
- NZ Workers Party
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03 April 2010
Director General of UNIDO: says land acquisition through foreign investors must be carefully considered and strictly scrutinized.
- African Executive
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02 April 2010
The Commission plans to launch a joint initiative with the African Union that will include a roadmap for the implementation of "sustainable large-scale investments in farmland".
The Kuwait-based firm aims to build on its base as the leading food company in the Middle East.
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.
The fund is targeting individual investors and institutions as well as government-owned funds in the region, and will focus on the production of crops and livestock in Sudan and food processing in Egypt.
The Economist Intelligence Unit says that GCC investments in farmland abroad are needed to ensure food security, but must be structured carefully to avoid conflicts with host governments.
Southern Pastures, registered in Auckland, is seeking $500 million from local and offshore investors to initially buy outright, or controlling shares in, farming concerns throughout the southern hemisphere, but with a bias towards New Zealand.
- Otago Daily Times
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30 Mar 2010