Kinston firm looks to raise $1.5 billion for agriculture investments
- WRAL
- 11 February 2019
International Farming Corp., a Kinston-based agricultural investment company, has raised $404 million in a fund to invest in U.S. farmland.
International Farming Corp., a Kinston-based agricultural investment company, has raised $404 million in a fund to invest in U.S. farmland.
Te Danish company FirstFarms now owns a "land bank" of more than 8,500 hectares of owned land and more than 11,000 hectares in rent contracts.
Report calls on SOCFIN to comply with the request by affected communities and MALOA for a fair, transparent, effective and independent conflict resolution mechanism to review the land lease agreements and find a long-term resolution to the land conflict.
According to the USDA, the following countries are home to the largest holders of US cropland: Canada, Germany, the UK and the Netherlands.
Preah Vihear provincial authorities have requested villagers to stop clearing disputed land and wait for authorities to find a solution according to the “tiger skin formula”, which aims to reduce the impact of economic land concessions.
The deal includes the construction of a new farm project of greenhouse vegetable production over an area of 600 hectares (6 square kilometers) in central Zambia's Mkushi district.
The people of Gagarawa are angry with the governor over the seizure of their farmlands, which the state government handed over to foreign investors for an irrigation farming project.
Ukrainian President Petro Poroshenko has signed a law for the extension of a moratorium on the sale of agricultural land until January 1, 2020.
Golden Agri-Resources’ operations in Indonesia and Liberia have generated years of controversy, including consistent and well-documented allegations of deforestation, land grabbing and human rights violations.
New Jersey’s $70 billion public-employee pension manager, the New Jersey State Investment Council, has agreed to commit $100 million in Homestead Capital’s third farmland fund.
Sierra Leone Land Rights Defenders say SOCFIN's land acquisition in Malen has resulted in serious conflict with local landowners, who face intimidation and harassment for defending their land rights and challenging the company.
Proponents of land rights in Sierra Leone note with grave concern the human rights violations against members of the Malen Affected Landowners and users Association who were dispossessed of their land by the agro–based multinational SOCFIN.