With first round bids due imminently, the high expectations could leave foreign bidders in the box seat, testing the government’s appetite for foreign ownership of sensitive assets less than two years after it rejected China-led bids for a major energy grid and agricultural company.
A farmers' rights organization reports on a growing trend of land grabbing, and calls for a fast enforcement of the 2017 land law whose decrees were issued last month.
Laos government has authorised a Chinese firm to carry out a feasibility study in southern Laos, with a view to turning it into top agri-business and agri-tourism destination. Deputy Governor of Champassak province said the Chinese firm also intended to grow organic crops for export to China.
- Vientiane Times
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10 April 2018
For the first time, plaintiffs from Cambodia have filed a class-action lawsuit against a Thai company after they were forcibly removed from their homes to make way for a sugarcane plantation
Landcorp Farming, the state-owned farmer trading as Pāmu Farms of New Zealand, has gone with a back-up bidder for its Jericho Station sheep and beef farm in Fiordland after the preferred foreign buyer withdrew.
Abu Dhabi-based Al Dahra Group is close to a 200 million Euro deal (US$245 million) to acquire Agricost Braila, the largest farm in Europe.
- Oilseed & Grain
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09 April 2018
The Kahlbetzer family’s Twynam Agricultural Group has sold three properties in Lachlan Valley in New South Wales to two overseas investors – MERS Global Investments and Optifarm
- Global AgInvesting
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09 April 2018
The once multibillion-shilling Dominion Farms in Siaya is being auctioned to pay a supplier Sh27.6 million.
Emmanuel Elong, the farmer who came from Cameroon specifically for the lawsuit filed by the Bolloré group against France 2, tells of the psychological pressure you are under when you confront a major group in Africa.
Workers with the General Agriculture Workers Union of Liberia have agreed to go back to work after a 7-day solidarity work boycott, following the death of one of their colleagues on the Sime Darby plantation
“This year we intend to plant on 4,000 hectares. If we can do 100, 000 hectares in Edo State, we will do it,” says Felix Nwabuk, Managing Director fo Prescoe PLC, a subsidiary of the SIAT Group.
Iraq’s trade ministry said on Wednesday a joint Iraqi-Saudi coordination council was considering an investment in one million hectares of agricultural land in the western province of Anbar.