Asia: Land grabs threaten food security
- IRIN
- 10 June 2009
Sam Pov, a rice farmer in Cambodia’s western Battambang Province, is very worried that his land will be taken over by a foreign investor.
Sam Pov, a rice farmer in Cambodia’s western Battambang Province, is very worried that his land will be taken over by a foreign investor.
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
South Korea's KOGID Cambodia plans to invest US$150 million to grow and process corn for animal feed to be sold overseas.
Analysts say Moscow's plan, which would attract international commodity firms, might require a more open approach to investment in land
African nations are becoming more cautious in selling farmland to foreign investors, with governments paying closer attention to deals that could lead to social unrest, AGRA says
What we are witnessing in countries like Ethiopia today is an extreme form of the banana republic syndrome.
A multi-million birr investment project by Karuturi Global Limited, an Indian company in Etang Special Woreda of Gambella State was launched on Saturday.
A number of Gulf states have expressed interest in livestock and rice farming in Thailand to secure food supplies, a Thai official said on Monday. "The countries involved could be Saudi Arabia, Bahrain, Qatar or the UAE," he added.
It is not clear whether a strategy is in place to ensure that part of the food produced by the rich food importers farms will be sold locally.
The government said on Sunday that a draft agreement with the private sector on the stalled Jordanian agricultural megaproject in Sudan is being finalised in order to be sent to the Cabinet for approval.v
It is clear that the proposed solutions by corporate interests are based on acquiring large tracts of land and cheap labour for industrial scale production, serving to maintain the lifestyle of societies of over-consumption thereby exacerbating the crises both in the North and the South.