Brazil's Lula meets Saudi king on historic visit
- AFP
- 17 May 2009
One area the Saudis are looking at is investment in agriculture in Brazil as Riyadh seeks to build up food security by purchasing or leasing farmland in other countries.
One area the Saudis are looking at is investment in agriculture in Brazil as Riyadh seeks to build up food security by purchasing or leasing farmland in other countries.
Despite internal conflicts and an inability to feed its own people, Sudan believes it can be not only Africas breadbasket, but also the world's.
Pakistan hopes to attract more than $10 billion of investment from oil-rich Arab Gulf countries this year to help develop the country's infrastructure, a senior government official said Saturday.
Investors from the UAE are considering a number of investments in Pakistan, despite escalating violence in the north-west of the country.
Women in China’s northwestern Xinjiang Uyghur Autonomous Region have turned back officials trying to implement a forced farming program on their land, but remain concerned about their property rights, according to farmers there.
Kuwait is also looking at making investments in other sectors in China, while also pursuing agreements in Southeast Asia to guarantee food security for the desert state that relies predominately on imports of food.
Non-governmental organizations and activists in Europe are denouncing a wave of land acquisitions in Egypt, Sudan, Cameroon, Senegal, Mozambique and elsewhere in Africa as a new form of colonialism.
A visit last week by Saudi Arabian businessmen could result in $300 million in investments to develop 20,000 hectares of farm lands for commercial crops.
Pakistan's Ministry of Investment has decided to offer one million acres of farmland for long-term investment or sale to foreigners, including the Emirates Investment Group.
Over-developed, over-populated, and land and water scarce Asian and Middle East nations embark upon global land grab to produce food and agrofuels; threatening global human rights, rainforest and other natural ecosystems, and regional and global ecological sustainability. Deadly global ecological issues require global citizens to unite in escalating protest action!
More important is for Africa to realise its own potential for food production, which would in the long-term negate the need for these deals.
THE Department of Agriculture (DA) wants to create exclusive economic zones for agribusiness that would take into consideration the nuances of food production and an expanded set of incentives for locators.
“We have finalised plans for the corporate farming project and we have the capabilities to meet the food requirements of the GCC countries," said Senator Waqar Ahmad Khan, Investment Minister of Pakistan. “They will be able to export 50 per cent of the crop while the 50 per cent would be sold in Pakistan,” adding that 6.65 million acres of land for agriculture is available in Pakistan.
Sudan is trying to diversify and strengthen its economy to make up for plummeting oil revenues. Ministers have been wooing agricultural investors, particularly from the Arab world.