Malaysian company to invest in Pakistan’s palm oil sector
- Business Recorder
- 22 July 2013
FELDA proposes that the Pakistan government provide it with 30,000 ha for oil palms to help the country balance its surging imports of palm oil from Malaysia.
FELDA proposes that the Pakistan government provide it with 30,000 ha for oil palms to help the country balance its surging imports of palm oil from Malaysia.
Despite its prohibition on the foreign ownership of land, the Philippines emerged as one of the countries with the largest tracts of farmland that were ceded to foreigners globally, according to the 2013 WTO Report.
The Ajeenkya D Y Patil Group of India has signed an MoU with the Government of Guyana for 65,000 ha in the Canje Basin, to be used for agriculture-related projects.
Sifca Group, which owns Africa’s biggest palm-oil refinery located in Ivory Coast, said it plans to spend $417 million in the next five years on plantations and factories in Ghana, Nigeria and Liberia.
DESPITE its prohibition on the foreign ownership of land, the Philippines emerged as one of the countries with the largest tracts of farmland that were ceded to foreigners globally, according to the 2013 World Trade Organization (WTO) Report.
A new law suspending sale of agriculture land to foreigners till end of 2014 in Georgia will be challenged by Transparency International.
In what seems like a drastic reversal of policy, Georgia on July 19 placed a ban on selling agricultural land to foreign nationals.
California think tank issues double-barreled report alleging Washington, London are willfully ignoring gross violations.
Miami-based company's investment deal includes the acquisition of farmland and establishment of private farms. Similar deal signed the previous week with Ghana.
Among the estimated 3.7 million workers in the industry are thousands of child laborers and workers who face dangerous and abusive conditions. Debt bondage is common, and traffickers who prey on victims face few, if any, sanctions from business or government officials.
Frameworks that emphasize procedural safeguards to protect land users’ rights are ineffective at contesting the power dynamics at play in land transactions.
Chinese meat firms are looking abroad to scout for potential acquisition targets among beef farmers and processors.