Foreign investment fears unfounded: report
- NZ Herald
- 18 August 2010
Fears foreign interests have been mounting a major land grab in New Zealand, have been shot down by global accountancy firm KPMG.
Fears foreign interests have been mounting a major land grab in New Zealand, have been shot down by global accountancy firm KPMG.
La polémique autour de l'accaparement de terres, en particulier en Afrique, est relancée par une étude de la Banque mondiale qui tarde à être publiée alors que le cours du blé repart à la hausse
Singapore-listed Golden Agri Resources said it was “actively evaluating” taking a share in a 220,000-hectare project being offered by the government of President Ellen Johnson-Sirleaf.
Abu Dhabi’s Al Dahra Agricultural Company is halfway through a plan involving more than 60,700 hectares of farmland in Europe, the US, south Asia and north Africa to boost the UAE’s food security.
Australian Liberal senator Bill Heffernan warns that sovereign wealth funds need to be watched because some were "already acquiring other sovereigns' wealth to protect their own food security tasks".
A delegation of Korea experts is expected to arrive in the country to sign a $50 million pact covering an initial 15,000 ha in the Rufiji River Basin.
States and mega-corporations are snapping up cheap land to produce food and making money at the expense of people in host countries.
It is not too late for equitable partnerships to flourish between foreign investors and local communities.
Macquarie Group's agricultural division has launched a new cropping fund that will buy large-scale grain properties in Australia and Brazil.
Singapore-based Olam will develop a palm-oil plantation covering as much as 300,000 hectares in the southeast of the country.
Olam, multinationale basée à Singapour réalisera un programme de développement de 200.000 hectares de palmeraies pour un investissement total de 800 millions USD.
Study reveals that over 50 million hectares are currently assigned in land deals or under negotiation in 27 African host countries – an area equivalent to France.