Multinationals now target land
- The Citizen
- 31 July 2009
Philip Kiriro of the East Africa Farmers' Federation says the countries most endangered by landgrabbing in the region are Tanzania and DRC
Philip Kiriro of the East Africa Farmers' Federation says the countries most endangered by landgrabbing in the region are Tanzania and DRC
"We would also like to know why this government has been so aggressive in pushing these lease deals of our farmlands to the rich countries," Philippines Senate President Pro Tempore Jinggoy Ejercito Estrada said.
Topics discussed included a review of recent trends in international investment, the record on FDI in developing country agriculture, evidence on recent investments, the “land grab” and its implications, alternative business models for investments, bridging the investment gap – investment needs and sources of capital, policy implications and the case for an international code of conduct.
Southeast Asian countries took big steps towards formalizing food-for-oil deals with Gulf states at a June meeting between the Association of Southeast Asian Nations and the Gulf Cooperation Council.
Because of the political sensitivity of the modern-day land grab, it is often only the country's head of state who knows the details. Der Spiegel investigates.
“It is the height of stupidity for our country to bargain our lands for the sake of other nation’s food security, while being dependent on importation for our very own food security needs,” says Rafael Mariano
"While participating in farmer meetings in Mali recently, I heard about the so-called land grabs first-hand. Libya will use its wealth of petro-dollars to buy control over 250,000 acres of Mali's best rice producing land."
In a new study, the Arab Organisation for Agricultural Development says that Gulf States' projects to grow food abroad are not large enough to slash the Arab farm import bill.
"Why should we prioritize the production of corn to feed animals in Korea when we cannot even feed all the Filipino people?" asked Arze Glipo, lead convenor of the Task Force Food Sovereignty (TFFS). Think about that.
KTG Agrar AG, Germany’s largest farming company, plans to increase land under management by 20 percent to 25 percent within a year. The company farms 29,000 hectares in eastern Germany and Lithuania.
By providing powerful agricultural equipment and technical assistance, the brand is participating in Saudi Firm Al-Rajhi International's US$400 Million project to grow corn and wheat in Africa's arid lands
Many governments in the region have been trying to address the food security concern by investing in farmlands overseas such as Sudan and Malaysia. John W Power, president, LSC International, feels this is unlikely to solve the problem in the long term, especially if the indigenous population is short of food.