Gulf states seek food security in Europe, US after African problems
- Reuters
- 30 December 2013
The desert states of the Gulf are changing tack in their multi-billion dollar search for food security.
The desert states of the Gulf are changing tack in their multi-billion dollar search for food security.
Rachat de la JAT, devenue Air Serbia, par Etihad, investissements massifs de la compagnie Al-Dahra en Voïvodine : les Émirats arabes unis sont en passe de devenir le premier investisseur étranger en Serbie. D’où vient un tel emballement ?
Al Dahra Agriculture, a private-sector partner of the UAE Government in securing key food staples, is targeting investments in coffee and sugar plantations in Brazil, Colombia and Chile, said the company's vice chairman.
"The UAE is looking not just at land [acquisitions] but developing the whole supply chain," says Nicholas Lodge, managing partner at Clarity, a consultancy that advises on investments in agricultural industries.
Abu Dhabi-based firm Al-Dahra agreed to invest $ 400 million to buy eight Serbian farm companies and develop them to grow and process food and fodder for export, in the biggest investment in Serbian agriculture for decades.
The intended aim is to meet Abu Dhabi's vision and strategy for long-term food security.
Sheikh Mohammed bin Zayed Al Nahyan will become a majority owner of eight Serbian agriculture corporations that own 9,000 hectares of land and will lease an additional 14,000 hectares of arable land in Serbia for EUR 250 per hectare per year.
A 20,000 ha tranche of Serbian farmland bought by an Abu Dhabi firm should be providing a substantial amount of the UAE's food within the next five years.
Abu Dhabi's Al Dahra Agricultural Company is to develop 9,000 hectares of farmland in Serbia as it seeks to bolster food security in the UAE.
This is a case study undertaken by Pesticide Action Network Asia and the Pacific and Roots for Equity. It looks into the intricacies of Al Dhara Company's investment in Sindh, Pakistan.
En los últimos 10 años de burbujas especulativas reventadas, una nueva fórmula de inversión está expandiéndose. El capital más capitalista está acaparando toda la tierra fértil que le cabe en sus bolsillos.
Detrás de la nueva conquista especulativa de tierras se encuentra el agua como factor estratégico
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