An agricultural investment firm owned by the Saudi government will focus on investing abroad to cultivate mainly wheat, rice, sugar and soybeans, a senior agriculture ministry official said on Monday.
Des États à la recherche d'autonomie alimentaire et des grands groupes louent des millions d'hectares à l'étranger. Christian Bouquet, spécialiste en géopolitique, explique le phénomène.
Jordan will dispatch a delegation to Sudan next Thursday headed by its agriculture minister Saeed Al-Masri to discuss an agreement on developing food farms in the East African country, according to media reports.
- Sudan Times
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11 April 2009
A group of private Saudi investors plans to invest 375 million riyals to plant wheat, barley and rice in Ethiopia
The Philippines has signed a $300-million investment agreement with Bahrain to establish agro-fishery businesses in the country.
- Manila Standard
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30 Mar 2009
A consortium of Saudi agricultural companies is looking to invest 150 million riyals ($40 million) into food production in Africa, the Agriculture Ministry said on Sunday.
Saudi investors launched agricultural projects in Indonesia worth $1.3 billion last year, a top business official said on Monday, as the world's top oil exporter seeks to secure food supplies from abroad.
Indonesia will allocate at least 2 million hectares of farm land to joint ventures with Saudi investors to be used mainly for the cultivation of rice, a Saudi newspaper reported on Saturday.
Are there any answers to this looming crisis? Some countries are buying land. There is vague talk about governments introducing “water management reforms”. Even more opaquely, there are calls for “multi-country discussions on trans-boundary issues, international trade and investment flows”.
- Planning Resource
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19 Mar 2009
The truth is that if exploitation of a developing country’s natural resources by the West is colonialism, so it is when rich countries of the South do the same.
- The Daily Sun Star (Dhaka)
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17 Mar 2009
“The food crisis in the spring of 2008 was a warning sign,” according to al-Obeid. Saudi Arabia is a net importer of agricultural products, especially rice, corn and soya. This fact is pushing the state to invest overseas. We’ve sent government and private-sector delegations to Turkey, Ukraine, Egypt, Sudan, Thailand, the Philippines, Vietnam, Ethiopia and Uzbekistan. These delegations have been very warmly received.”
- Le Monde Diplomatique
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16 Mar 2009
Two listed Saudi companies plan to invest in either farming or agri-business abroad under a state-sponsored plan to ensure steady food supplies.
