Foras International Investment Co., the investment arm of the Islamic Chamber of Commerce and Industry, has started to put its objective of realizing food security in the Islamic countries into action by launching its first project of the integrated agricultural food basket in Sudan.
Guyana has an abundance of fertile land and aims to attract Gulf investment in its agricultural sector.
Most wealthy Arab nations are still "reluctant" to invest heavily in farming projects in fertile member states for political and security reasons, says AOAD, a key Arab League organisation.
Potentially, the government can set aside 12 million hectares for large-scale food cultivation.
“At this point, Turkey cannot even produce enough food for itself. Why should it even think about renting its own land?” says Abdullah Aysu, a spokesman for the Initiative for the Confederation of Farmers’ Unions
The development, under which many residents will be forced to sell their land, has met opposition from locals and non-government organizations. The Indonesian Farmers Union (SPI) has said that it will lead to a “land grab” by big businesses at the expense of locals.
The United Arab Emirates has decided to make robust investments in Pakistan’s energy agriculture, education and health sectors, which need huge investment, official sources said yesterday.
Ruchi Soya Industries, one of the leading edible oil processors, on Friday announced a major farm land acquisition in Ethiopia for soybean cultivation.
Chris Kelly, chief executive of the country's largest corporate farmer, Landcorp, says he knows of other initiatives being explored and believes there will be more foreign investors knocking at New Zealand agriculture's door.
Paper for FAO on the growing interest of private sector investors in developing country agriculture, including farmland acquisitions.
M. Fall nous parle de la situation actuelle de l'agriculture dans la région de l'Afrique de lOuest et des défis auxquels elle doit faire face, dont l'accaparement des terres.
Private investors and governments have recently stepped up foreign investment in farmland in the form of purchases or long-term lease of large tracks of arable land, notably in Africa. This brief examines the implications of this trend for sustainable development.
