The Federal Minister of Investment in Pakistan, Waqar Ahmed Khan, said this week that the government plans to sell or lease 1 million acres of farmland to foreign investors, primarily from Saudi Arabia and other Gulf countries. Although the news has yet to gain much coverage, if carried out it could punctuate growing unrest and frustration, given Pakistan’s limited amount of arable land and population of more than 170 million.
- National Interest
-
24 April 2009
The debate over foreign investment is set to expand from the mining industry to agriculture as overseas investors pour billions of dollars into Australian rural properties considered by some to be strategic national assets.
- The Australian
-
24 April 2009
It seemed like the perfect match. Kuwait has a lot of money and needs to import food. Cambodia has a lot of fertile land and wants to attract foreign capital.
- The Economist
-
23 April 2009
GCC countries' initiatives to safeguard food security by investing in agricultural projects abroad had stalled, illustrated by the Saudi Bin Laden Group's decision to postpone a planned $4.3-billion investment in Indonesian rice production.
- Oxford Analytica
-
23 April 2009
Food-importing nations from South Korea to Saudi Arabia may step up purchases or leases of overseas farmland to lock in supplies amid concern prices may again surge. “We’re going to see more of this, especially from countries that are quite dependent on imports,” Brady Sidwell, head of advisory at Rabobank Groep NV’s Northeast Asia Food & Agribusiness Research and Advisory Group, said in a Bloomberg Television interview broadcast today.
The issue of land ownership in Africa is very sacred and foreign investors need to be aware of the local sensitivities.
The International Criminal Court’s indictment of Sudanese President Omar al-Bashir for human-rights abuses has not deterred Saudi Arabia’s Hail Agricultural Development Co. from developing 9,200 hectares of land in Sudan or the UAE from investing in agricultural projects in several Sudanese provinces, including a 17,000-hectare farm for wheat and corn.
- The New Security Beat
-
23 April 2009
The problem of food security poses a real threat to global stability. Meeting in Italy last weekend, agriculture ministers of the G8 industrialized countries recognized the extent of the problem. They pledged to continue fighting hunger. But beyond calling for increased public and private investment in agriculture, the final communiqué of the ministerial meeting was short on fresh proposals.
- Saudi Gazette
-
23 April 2009
"Il n'y a pas de liberté pour une société qui mange au-delà de ses frontières". Le colonel Kadhafi applique à la lettre ce principe du Livre vert.
- Africa Intelligence
-
23 April 2009
With increasing frequency, wealthy, food-importing countries as well as the private sector are investing in farmland overseas. This conference examines the patterns and motivations of such investment, considers the implications for investors, host countries, and food security, and features case studies from Asia, Africa, Europe, and the former Soviet Union.
- Islam Online
-
22 April 2009
A cash-strapped Pakistani government plans to sell or rent one million acre land to foreign countries for agricultural purposes in a bid to underpin the country’s troubled economy. “A complete legal cover will be provided to the investors so that even in case of the change of government, they should not be affected.”
- Islam Online
-
22 April 2009
Les Finlandais ont demandé à Dmitri Medvedev, par le biais de leur présidente Tarja Halonen, de leur permettre d'acheter des terrains dans les zones frontalières russes.
- RIA Novosti
-
22 April 2009