Around 45 million hectares of farmland deals were announced by the end of 2009, according to the Bank, with many of them providing little, if any, compensation to rural communities for the loss of land rights
The World Bank has backed the controversial practice of countries selling large tracts of agricultural land to overseas investors but is urging vendors to demand much more to increase their farming productivity and peoples’ livelihoods.
A new World Bank report says volatility in food prices has been a key factor behind a rising tide of large scale farmland purchases in the developing world, which can pose social and environment risks, if not well managed.
Indian companies are increasingly getting a foothold into South America, acquiring assets and land not just to get entry into its lucrative agricultural market but also to export commodities such as sugar, pulses and edible oils back to India.
HLH Agriculture is a Singaporean firm running 10,000 ha project in Cambodia to produce corn for export to Vietnam, Malaysia, Taiwan and Thailand.
Abu Dhabi finalises scheme to purchase 29,400 hectares of land in Sudan
Michael Burry, the former hedge-fund manager who predicted the US housing market’s plunge, said he is investing in farmland. “I believe that agriculture land -- productive agricultural land with water on site -- will be very valuable in the future.”
The World Bank report on land grabbing, entitled 'Rising Global Interest in Farmland – Can it yield sustainable and equitable benefits?', will finally be released on 8 September 2010.
« Un étranger s’installe au Brésil et peut acheter la quantité de terre qu’il veut. Dans le même temps, il y a 4,2 millions de familles qui n’ont pas accès à la terre, c’est-à-dire plus de 12 millions de personnes, » signale Gilberto Portes
Egypt's government signed a deal to allow Egyptian companies access to 400,000 hectares of farm land in Sudan, the first deal of its kind between the two countries
La comisión de Legislación General de Diputados planea sacar el 16 un dictamen contra la “extranjerización de tierras” en Argentina, donde el 7% de las tierras no están en manos argentinas.
"Os brasileiros é que vão desenvolver aquela região", prevê Gilson Pinesso. Há, segundo ele, 500 mil hectares reservados aos brasileiros pelo governo sudanês.
