Foreign investors in Australian rural property now pay up to $1 million in fees when applying to buy farmland or commercial agribusiness assets.
- Farm Online
-
04 August 2022
Federal Law n° 14,130/2021: Investment Funds in Agro-industrial Production Chains allows foreign investors to participate in the land market without having property or domain over rural lands.
The World Bank’s private sector arm approved a US$200M loan to agribusiness giant Louis Dreyfus Company under the guise of “sustainable development.
Comprising 38 organic, traditional, horticultural, and broadacre cropping farms, the Lake Boga assets are situated between Lake Boga and Kerang in northern Victoria.
Voters will decide whether to create a new government entity to take back control of water held by one of Hawaii’s most powerful agribusiness corporations and a Canadian pension fund.
- Civil Beat
-
01 August 2022
An official of the giant oil palm company, Socfin, says the new Customary Land Rights Bill which is before Parliament, will make foreign investment in agriculture totally impossible when it becomes fully operational.
Stanbic Bank has received the nod to proceed with a piecemeal auction of assets of one of Kenya’s largest flower farms, Karuturi Limited to recover a Sh1.6 billion debt.
OPEC Fund for International Development has signed a $30m loan agreement under its Food Security Action Plan with Banco Sudameris with 40 percent to be allocated to farmers and agribusinesses in Paraguay.
- Gulf Business
-
26 July 2022
Chinese agribusiness giant, New Hope Group, has moved to buy itself a comfortable majority share of the big Australian Fresh Milk Holdings dairy farming business.
- North Queensland Registry
-
25 July 2022
Gov. Mai Mala Buni of Nigeria's Yobe State has said a group of Chinese investors will establish 10,000 hectares of rice plantation under a trial agricultural project in the state.
Kenya has offered Bangladesh to take advantage of the African nation's vast farmland for food production as Bangladesh has developed good expertise and demonstrated immense success in the field.
“This is uncommon. The Governor allocated the land to us without asking for any bribe or commission,” the CEO of Tiamin told China's Ambassador about the 10,000 ha allocated to his company by Bauchi state government.