China eyes agricultural land lease pacts with Philippines
- InterAksyon.com
- 29 August 2011
China is keen on entering into lease agreements with the Philippines to develop unused land for agriculture, says Chinese Ambassador to Manila.
China is keen on entering into lease agreements with the Philippines to develop unused land for agriculture, says Chinese Ambassador to Manila.
Korea wants to secure a total of 380,000 hectares of overseas farmland by 2018, the agriculture ministry said in an e-mailed statement today. Priority countries include the Philippines, Cambodia, Ukraine, Indonesia and Russia.
Peasant leaders and agrarian reform advocates joined their Filipinos counterparts in the first “International Speak Out Against Global Land grabbing” held in Quezon City.
Fifteen private firms from mainland China -- including Beidahuang Group -- are in the Philippines looking for investment partners in the agriculture sector
The Philippines is among the leading target countries for land deals despite provisions in the Constitution barring foreigners from owning land.
An international fact-finding team is in the country to investigate the alleged land-grabbing by Philippine, Japanese and Taiwanese companies of some 11,000 hectares from indigenous peoples in Isabela to build the biggest bio-ethanol project in the Philippines.
The South Koreans are looking for as much as 100,000 in idle agricultural land in the Philippines that can be planted to crops for domestic consumption and for export.
Philippine communist rebels on Tuesday accused a Japanese subsidiary of grabbing lands from local farmers in Mindanao.
The UAE has purchased thousands of acres of arable land in Sudan to grow products for the home market, while Bahraini investors help meet demand in the kingdom from farmland bought in Thailand and the Philippines.
Zuellig Group will set up a 30,000-hectare corn plantation in the Philippines to ensure that its own feed milling requirements are met.
China’s largest agricultural company plans to acquire 200,000 hectares of land in Argentina, Brazil, Venezuela, Australia, the Philippines, Zimbabwe and Russia in 2011.
O principal grupo agrícola da China, Heilongjiang Beidahuang Nongken Group, anunciou que adquirirá ou arrendará 200 mil hectares de cultivo em países latino-americanos como o Brasil, assim como em Rússia, Filipinas, Austrália e Zimbábue, informou o jornal oficial "China Daily".