Wilmar's take-over of Sucrogen gave the company a significant amount of cane land that it increased with the purchase of additional farms to guarantee cane supply, outbidding local farmers for land.
- North Queensland Register
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03 April 2011
Prime minister's adviser on science and innovation wants Australian companies to consider buying land in Mozambique to counterbalance foreign purchases of farming land in Australia and shore up Australia's food supply.
- Sydney Morning Herald
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03 April 2011
The UAE has purchased thousands of acres of arable land in Sudan to grow products for the home market, while Bahraini investors help meet demand in the kingdom from farmland bought in Thailand and the Philippines.
On October 25, 2010 the company signed a Protocol d'Accord with the Ministry of Agriculture to survey and map additional underutilized land in Guinea estimated to be up to 1.5 million hectares of combined area and prepare it for third party development under 99-year leases.
The Australian Parliament has moved to quell some of the anxieties surrounding a perceived foreign buy-up of local land, last week passing a motion regarding foreign ownership of agricultural land and agribusiness.
Investors pour $140m into an acquisition warchest raised by Kernel Holding, and $250m to support expansion plans at farm operator Mriya Agro.
Some claim it’s for food security, some say it’s a land grab
- Corn & Soybean Digest
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01 April 2011
Video about the US agribusiness Dominion Farms in Kenya.
Foreign ownership of Australian land and agribusiness will soon be monitored.
Vast tracts of farmland in poor nations being gobbled up by foreign investors could undermine small farmers' rights and food security in the host countries
President says a Gulf State company is expected to invest $80-100 million in the country's agriculture in the near future, citing a 400,000 ha rice project.
- All About Feed
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30 Mar 2011
Protocol portant accord de principe de la mise à la disposition pour Fanaye à Senethanol (Italie) d'une surface cultivable de 20,000ha destiné à la culture de patates doueces et à la production d'éthanol et d'aliments de bétails.