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Sarawak halal hub attracts RM4bil outlay
- The Star
- 19 February 2009
Six Taiwanese and five local companies have committed more than RM4bil in investments in the Tanjung Manis Halal Hub in Mukah Division in central Sarawak.
INTERVIEW-Foreign land grabs for food could fuel unrest
- Reuters
- 18 February 2009
Big purchases of African land by richer countries in a drive for food security could fuel unrest if the rights of local farmers are not taken into consideration, a land rights campaigner warned on Wednesday.
Saudis to invest $ 266m in Ethiopia and Sudan
- Sudan Tribune
- 18 February 2009
A group of five Saudi Arabia business men have planned to invest 1 billion Saudi riyals (some $ 266.6 million) in agricultural projects in Sudan and Ethiopia within the coming few years, Pan Arab daily Asharq Al Awsat reports.
Daewoo's African Dream
- Korea Times
- 17 February 2009
"We can't eat semiconductors or auto parts." When Richard Shin of Daewoo Logistics told me this during an interview last week, it hit me hard. Shin is the manager of the Korean firm's $6 billion project to carve a 1.3 million hectare farm out of Madagascar, a formal French colony.
Saudi's Hadco Eyes Sudan, Turkey in Food Security Push
- Reuters
- 17 February 2009
Saudi Arabia's Hail Agricultural Development Co (Hadco) said on Monday it would look at investing in Turkey and Kazakhstan after moving into Sudan under a government plan to ensure steady food imports.
Mideast food market touches Dh114b
- Gulf News
- 17 February 2009
With land prices falling, now is a good time for the UAE to acquire farmland in other countries, in order to strengthen food security, a senior official says.
Saudi Hail starts farm investment abroad in Sudan
- Reuters
- 16 February 2009
Saudi private sector company Hail Agricultural Development Co (Hadco) has picked Sudan for its first investment in farming abroad under a Saudi government scheme to ensure steady food imports, it said.
Society watch: The land question
- Sunday Observer
- 15 February 2009
There is this saying common in most tribal vernaculars and other languages which simply states that where there is smoke there is likely to be fire.
Kuwaiti firms eye investment in Lao agriculture
- Vientiane Times
- 14 February 2009
A number of Kuwaiti businesses have expressed an interest in investing in agriculture in Laos, according to a Lao company owner.
IFC to invest in new agribusiness fund
- Reuters
- 12 February 2009
The International Financial Corp, the World Bank’s private-sector lender, said on Thursday it will invest $75 million in a new agribusiness fund to increase global food supplies. IFC said it had joined forces with Altima Partners, which manages the $625 million Altima One World Agricultural Fund, to create a fund to invest in farming operations and agricultural land in emerging market countries.
Diouf calls for international joint ventures for food production
- WAM (Emirates News Agency)
- 12 February 2009
FAO believes that the time has come to give deep thought to creating the conditions to ensure the success of international ‘joint-ventures’ for food production
SKorean firm may delay Madagascar farm project
- AFP
- 12 February 2009
A South Korean company said Thursday it may delay a controversial project to develop a huge area of Madagascar for farmland due to political unrest in the Indian Ocean nation."We may have to delay our investment in Madagascar mainly due to political instability there," Shin Dong-Hyun, managing director of the financing and strategic planning department of Daewoo Logistics, told AFP.