Kingdom, Philippines bound by strong ties
- Arab News
- 12 June 2010
Philippines Ambassador to Saudi Arabia reveals how plans have been forged to provide lands in Mindanao to Saudi businessmen.
Philippines Ambassador to Saudi Arabia reveals how plans have been forged to provide lands in Mindanao to Saudi businessmen.
AgriNurture Inc has signed the enclosed MoA with Far Eastern Agricultural Investment Company of Saudi Arabia for food crop plantations and processing plants in the Philippines.
Saudi Arabian investors are looking to expand their agricultural investments in the United States to secure long-term food supply because of water shortages in the desert kingdom, Saudi officials said on Thursday.
The Asian Peasant Coalition and Peasant Movement of the Philippines slam World Bank’s “seven principles”.
An ambitious project pooling New Zealand's farming expertise has received a fillip from Emirates Investment Group. Through EIG, there are two large Pakistan projects on the cards, one involving a 35,000ha farm.
The government is working to attract local and foreign investors to finance the Jordanian agricultural mega-project in Sudan, said a senior official. "One international company has shown interest in taking part in the project so far," the minister told The Jordan Times
Militant farmers belonging to the Kilusang Magbubukid ng Pilipinas (KMP) are completely disgusted by the failure of government to stop land and crop conversions.
No less than 4,000 hectares in the Davao region have been identified by Middle Eastern-based companies to grow their products.
Qatar has embarked on a food-security programme to make it more self-sufficient and help the communities around its farmland projects in developing countries.
That Korea is no longer "importing" this food that is being grown overseas implies that this land is effectively Korean. This amounts to agricultural imperialism.
Los grandes "acaparamientos de tierras" en África y Asia también son signos de desconfianza en los mercados mundiales. Algunos importadores con recursos –como Arabia Saudita, Kuwait, China y Corea del Sur– han optado por cultivar alimentos en tierras que poseen o controlan en el extranjero en vez de importarlos mediante el comercio internacional. Estos países han cerrado contratos para comprar o arrendar unos 20 millones de hectáreas de la mejor tierra agrícola en países pobres.
Tadco has visited the Kalumbarak Skyline Village in Malungon town, Philippines, with the intention of putting up a multimillion dollar worth agricultural investment.