The Korea Rural Community Corporation, under the Agriculture Ministry, said it is also in talks with other resource-rich countries about deals in exchange for support for the construction of agricultural infrastructure or farms. Among the negotiating partners mentioned were Indonesia, Laos, Myanmar, Senegal and Mongolia.
"This land [100,000 ha] is not meant to be leased to the Koreans as such, but a mechanism will be worked out on how the land must be processed," said a spokesperson for Tanzania's prime minister.
South Korea will develop 100,000 ha of farmland in Tanzania to make inroads into African and European markets, a state-run rural development corporation said Thursday.
Casi 20 millones de hectáreas en África, Asia o América Latina han pasado a manos de gobiernos o inversores privados extranjeros
Ray White Rural chairman Paul White said there was interest in Australian rural property from Chinese, Malaysian and Indonesian investment groups, looking to secure their food supply for the future.
Estados e inversores privados compiten por comprar superficies en África, Asia y Latinoamérica
The congress will look at one of the key trends in world rice and other food production, including the "off-shoring" of farm production by several influential countries, including China, South Korea and Japan, he said.
"It appears that offering our lands to foreign investors has always figured in the official agenda of Arroyo’s numerous state visits to other countries since assuming office, presumably in line with her "2 million hectares agribusiness development program," Anakpawis party-list Rep. Rafael Mariano of the Philippines said
La crisis del fósforo (clave para la vida), un grave y nuevo reto para la Humanidad. Respuestas capitalistas a la decadencia de la agricultura mundial y alternativas proletarias. Eslóganes.
Gulf states buying farmland in developing nations for food security face the risk of damaging their reputation as international investors as the deals are seen as land grabs, a Rothschild executive said yesterday.
Despite the risks and the Madagascan setback, Korea's scramble for agricultural land abroad will continue.
Two House of Representatives committees were urged to conduct a joint investigation into the alleged anomalous lease contracts granted to Japanese and Korean investors involving vast tracks of lands in Northern Luzon and Mindoro provinces.
