The Philippine government has invited visiting investors from the Kingdom of Saudi Arabia to invest in the halal food industry, said Agriculture Secretary Arthur C. Yap. "They have the fund...we have to find a way to convince them to invest in the Philippines," he said.
Agriculture Secretary Arthur Yap said corporate executives representing the big agricultural businesses in Saudi Arabia have raised concerns about the Philippine agrarian reform and limiting foreign land ownership as they indicated interest in acquiring tracts of plantation land and poultry farms.
Over a million hectares of Philippines farmland will be made available to foreign and local investors in a bid to boost agriculture productivity.
A United Nations expert said Thursday that increasing food production would not necessarily decrease the vulnerability of those who were food-insecure.
What is the OECD’s view of rich food-importing countries buying land in developing countries to secure their own food requirements?
The Philippines and Bahrain have begun discussions on a possible agribusiness project in Mindanao covering an initial area of 10,000 hectares that is expected to create some 20,000 jobs, officials of the Department of Agriculture (DA) said on Wednesday.
Land grabbing and food speculation are not just overseas phenomena; they are also happening in North America.
The Philippine government yesterday proposed investment opportunities in the agriculture sector for Saudi Arabians to ensure the supply of agriculture commodities and develop idle government lands.
Russian grain processing firm PAVA plans a farmland investment road show across the Gulf region over the next two months and is open to selling shares to Middle East investors as it aims to triple the land under its control.
The European Union is coercing some West African governments into allowing European-based fishing companies to deplete West Africa’s fishing stocks in a new "food colonialism" that is now taking place between rich and poor countries around the world, according to British author George Monbiot.
For the far-sighted investor, especially one spending dollars, an agricultural downturn could be the time to consider buying farmland.
PAVA together with its agricultural subsidiary explores the investment potential of Russian lands amid the world booming demand on agricultural resources
