The companies the $100 million fund will target will be those involved with agrichemicals, equipment and infrastructure, as well as soft commodities and food, biofuels, forestry, agricultural sciences and arable land.
The Pontal project has 30.000 ha of total area, with 8.000 ha irrigable. It will have a huge impact since it will be the first PPP of Lula government and will settle the framework for another 500.000 hectares.
"The People's Republic of China (PRC) is encouraging Chinese private enterprises to invest heavily in Sudan's agriculture sector, Lee "Ali" Wei Zheng, Commercial Officer for the Chinese Embassy, told PolEconOff February 3," reports the US Embassy in Khartoum
As many foreign and local investor are seeking to win a license to invest in the giant agriculture project in Papua, Indonesia, one unnamed South Korean investor has obtained a permit. Mitsubishi is also bidding. Binladin Group has been rejected.
While many peasant organizations are relentlessly drawing attention to this devastating land-grabbing, the UN and other agencies have been characteristically slow to act.
Includes a copy of the land lease agreement and a legal and human rights audit of the land lease agreement.
Foreign investors from China, Korea and Singapore have expressed their readiness to invest in the projects to cultivate including paddy to supply for domestic demand.
Standard Chartered Bank's Africa private equity arm and a unit of Reliance Capital are in talks to invest in Dubai-based Karuturi Overseas.
"Some Saudi princes told president Lula they do not want to invest in agriculture in Brazil in order to sell here in Brazil, they want food supply sources," says Brazilian minister of Development Miguel Jorge
"Agricultural land owned by Indians in a foreign country with captive markets locally, and as an opportunity to export to India, is of interest to us," says Shashi Tharoor
Despite government assurances, the possibility that China could possess Kazakhstani territory leaves many citizens skittish
Reports indicate that the Gulf States have acquired more than 150,000 hectares of land in Balochistan near Mirani Dam to begin mechanised farming.
The government is aiming to attract less than Rp 100 trillion (US$10.6 billion) in investment through the development of three special economic zones (SEZs) producing agricultural products this year.
Call for papers for an international conference to be held at Groningen University, Netherlands, 28-29 October 2010.
The worldwide financial crisis has reportedly stalled several agricultural deals between Gulf countries and overseas partners, including two between Bahrain and Pakistan.
