UAE needs to invest in Egypt farm sector
- Emirates Business 24/7
- 13 May 2008
UAE wants to boost investment in Egypt’s agricultural sector in the light of the current rise in prices of commodities worldwide.
UAE wants to boost investment in Egypt’s agricultural sector in the light of the current rise in prices of commodities worldwide.
Landkom has leased 165,000 acres from thousands of landowners in Ukraine and will reap its first big harvest this year.
Dans un souci de reprendre le contrôle sur son approvisionnement alimentaire, les autorités étudient actuellement la mise en place d’une politique incitative visant à encourager les entreprises agricoles chinoises à acheter et louer des terres cultivables en grande quantité, plus particulièrement en Afrique et en Amérique du sud.
China's fast-growing farm corporations may be the next wave of Chinese investors in Australia, joining their already influential mining comrades.
Saudi government moves agriculture abroad by investing in farming of staple commodities in Thailand, Brazil, India and other countries. This move represents a classic case of “absolute advantage” economy.
Dubai-based Abraaj Capital, one of the Middle East’s largest private equity companies, has been quietly buying farmland in Pakistan as part of plans by the United Arab Emirates to increase food security and to damp inflation.
“It is the government’s policy to encourage all companies to go abroad, including agricultural firms,” a Chinese Agriculture Ministry official told Reuters.
Contrat portant sur l'octroi de 100,000 ha maliens à la Libye.
This week, Saudi Arabia announced plans to invest in overseas fisheries, livestock and food production, and is reportedly trying to partner with Thai rice farms to lock in future supplies. Libya is in talks with Ukraine about growing wheat there, and as China tries to feed its expanding middle class, it’s looking to buy up farmland in Africa and South America.
Chongqing Seed Corp has decided to cultivate rice on 300 hectares in Tanzania from 2009
Rattled by rapidly rising global grain prices, China is looking at strategies to ensure long-term food security for its 1.3 billion people such as procuring farmland overseas and opposing the formation of any international grain price-fixing monopolies.
China's private firms are pushing to invest in farms overseas, but policy debates over whether this is in China's strategic interest have so far stopped the trend becoming an explicit government policy, a senior official said on Friday.