Saudi Arabia is interested in investment in grain and cattle-breeding in Kazakhstan, said agency reports referring to the press service of Akmola oblast akim.
The largest fund to invest in European farmland will be launched today, signalling investors' growing appetite for alternative ways to profit from a long-term rise in agricultural commodity demand and prices. The farmland fund, set up by Germany-based Palmer Capital Partners and UK-based Bidwells, is expected to raise about €300m ($425m) to buy arable land in Poland, Hungary, Romania and the Czech Republic. It will also invest in western Europe.
The fund will invest 70 percent of its money in agricultural companies that make fertilizers, forest products or biofuels. Commodities such as corn and soybeans will account for 15 percent, with the remainder in farmland.
Pakistan’s minister for privatization and investment, at a recently held forum in Dubai, announced that Pakistan was willing to provide land with 100 per cent ownership rights and that the buyers would be free in importing the agri-produce to their country as well.
The Indian government is considering a proposal to enable banks and financial institutions to finance acquisition of farm land overseas for cultivation of pulses and oilseeds.
There is Korean land in Argentina: 20,894 hectares of pampas some 1,000 km northwest of the capital Buenos Aires. The Korean government bought the land in 1978 for US$2,115,000, but it has remained neglected for about 30 years.
Chinese investment in Africa is expanding beyond a race to secure minerals and energy sources to put an increasing focus on agriculture, the chief executive of Standard Chartered Bank said on Wednesday.
As Mideast investors make plans to pump cash into farm projects in the developing world, the head of the United Nations' food agency said he is discouraging them from making direct purchases of farmland to avoid local backlash or other controversy, which could cause the investment trend to dry up.
Gulf Cooperation Council (GCC) countries must invest in foreign arable land to boost its food supply and increase food security in the region in the long term, Standard Chartered economists said on Tuesday.
Kuwait and Sudan will forge a “giant” strategic partnership to jointly invest in the agriculture sector
GCC countries face growing constraints in agricultural capacity. Structural factors are exacerbating pressures on food prices. A new report from Standard Chartered supports additional investment in agriculture.
Sudan and Kuwait agreed today to enhance strategic economic partnership between the two countries especially in the field of agricultural investments.
