China's $300 billion fund a wake-up call to U.S.
- Reuters
- 14 December 2011
New fund reflects desire in Beijing to acquire real assets, including agricultural lands, say analysts.
New fund reflects desire in Beijing to acquire real assets, including agricultural lands, say analysts.
The most comprehensive study of large land acquisitions in developing countries to date published Wednesday online by the International Land Coalition (ILC) has found more evidence of harm than benefits.
Government sponsored land grabbing in Taiwan has caused not only domestic grievances but also international concern.
The government has said it will review all the deals done by foreign companies and try to close the many legal loopholes that have allowed foreign companies to “grab” large tracts of land without the knowledge of government and communities.
The Thai company is seeking to acquire four far north Queensland sugar mills, more than 6,000 hectares of agricultural land and other infrastructure assets owned by MSF Sugar
The Verkhovna Rada has adopted at first reading a bill on the land market. The document has been posted on the website of the Ukrainian parliament.
The US-based AgriSol Company has landed another lucrative land deal involving 10,000 hectres amid growing public outcry about the recent land deals sealed by the company in Rukwa region.
Karuturi Global is now one of the biggest private land owners in the world. They have invested over a quarter of a billion dollars in Ethiopia and Kenya alone. BBC reports.
Right now, on the desks of Swedish International Development Agency (Sida) there is the background material for an application of credit guarantee for an 8000 ha sugar plantation and a refinery in Bagamoyo, Tanzania.
The US-based AgriSol Company has landed another lucrative land deal involving 10,000 hectres amid growing public outcry about the recent land deals sealed by the company in Rukwa region.
"We are using knowledge and resources from Latin America and North America, capital from this part of the world (India) and land from Africa to make hopefully a heady cocktail,"says Sai Ramakrishna Karuturi
Interest by both local and international companies to lease land has been met with criticism by some outside the region, yet locals are unperturbed.