AgriMin: Bulgarian farm land not lucrative for foreigners
- Novinite
- 19 October 2013
Dimitar Grekov says the Foreign Affairs Parliamentary Committee has rejected a proposed moratorium on the sale of farm land to foreigners
Dimitar Grekov says the Foreign Affairs Parliamentary Committee has rejected a proposed moratorium on the sale of farm land to foreigners
It's probably best to avoid the spate of companies that would love you to put your savings into farmland in Bulgaria.
Tianjin Agribusiness Company, which is handling large plots in northwestern Bulgaria, plans to build a factory for processing Bulgarian waste constituents of milk production and to export it to China in the form of dried derivatives.
Foreign investors have shown real interest towards Bulgarian agriculture for the past 2-3 years. The trend has changed a bit and now different Arab countries and China are the interested ones, instead of Italy, France, etc.
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, set up investment fund Black Sea Agriculture seven years ago, mainly for investments in farmland in northern Bulgaria and south Romania.
The countries say that they now believe their farmers are not yet ready to compete on a free land market with foreign investors
Qatar will invest in three sectors in farming in Bulgaria says Bulgarian Prime Minister, Boyko Borisov.
Lorsqu'il n'est plus possible de faire pousser le moindre épi de maïs à Tianjin, rien ne vaut les terres arables bulgares !
La société chinoise agroalimentaire Tianjin State Farms Agribusiness Group a lancé son premier projet de cultures de plantes fourragères en Bulgarie
Tianjin State Farms Agribusiness Group has rented 20 000 decares of land in Bulgaria's Northwestern Region to produce corn, forage, and sunflower for export.
According to Kim's office, Bulgaria has much growth potential as South Korean firms' gateway into southeastern Europe, and Ukraine, boasting fertile farmlands, could grow into a viable partner for South Korea in agriculture.
The potential investors are interested in breeding corn and forage crops, and to export the produce to China.
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