|07 Jul 2008||
Saudis plan Rp600B rice estate investment
A consortium of 15 Saudi Arabian investors is ready to take part in the Merauke Integrated Rice Estate (MIRE), injecting at least Rp600 billion ($65.04 million) into the region. The Agriculture Ministry's Secretary General, Hasanuddin Ibrahim, said each investor wanted to open about 5,000 to 10,000 hectares of land in Merauke, Papua.
|08 Jul 2008||
Financializing Food: Schroders Closes One Fund, Launches New as Speculative Money Continues to Flood into Commodity Funds
Gobal fund manager Schroders is launching an Agricultural Land Fund, only months after closing its USD 6 billion Alternative Solutions Agriculture Fund due to excessive investor demand.