En plein coeur des Terres noires russes, une moissonneuse-batteuse dernier cri émerge d'un champ de tournesols grillés par le soleil, sous l'oeil satisfait d'Alexandre Averianov, employé de la holding suédoise Black Earth Farming (BEF).
PAVA offers its shares to Gulf investors for food supplies. It will start road show to UAE and Saudi in October.
Putin's latest land reform legislation could lead to over 400mn hectares of crop acreage being sold.
Russia is in talks with Japanese companies to secure investment in Siberian farmland and Pacific ports that would allow the world's No. 3 wheat exporter to carve a greater share of Asian markets, a senior grain official said.
Analysts say Moscow's plan, which would attract international commodity firms, might require a more open approach to investment in land
Russia and other ex-Soviet countries could boost world food supply by encouraging more private investment, the head of the European Bank for Reconstruction and Development (EBRD) said on Saturday.
International executives urged Russia to maximise its potential by encouraging more private investment and opening up more land to foreign investors.
"In the conditions of the current food crisis, development of 20 million hectares of Russian agricultural land, unused since 1991, could be re-launched," says Russia's president
Russia, its appetite for cheap poultry meat growing, is spending billions of dollars developing its poultry farms to slash its dependence on imports and squeeze U.S. suppliers from their biggest export market.
CNN's John Defterios takes a look at how Middle Eastern countries are scouring the globe for farmland.
Russian grain processing firm PAVA plans a farmland investment road show across the Gulf region over the next two months and is open to selling shares to Middle East investors as it aims to triple the land under its control.
PAVA together with its agricultural subsidiary explores the investment potential of Russian lands amid the world booming demand on agricultural resources
