Asian and European countries with the availability of capital but a shortage of arable land in the rent to see large portions of land in Africa a great opportunity to solve their supply problems. The last case of colossal dimensions, concerns South Korea and Madagascar. A subsidiary of the multinational Daewoo has just concluded with the Government of Madagascar an agreement to lease for 99 years, 1.3 million hectares of uncultivated land currently occupied by savannah and grazing herds of local pastors or primary forests. The agreement does not provide for the payment of sums of money to the Government of Madagascar for the rent of land, but it will finance Daewoo culturing.
It is unclear whether the lands of Madagascar will have to provide food for Koreans or corn and palm oil, used to produce biodiesel, the liquid gold of the third millennium.
is the first time that there is an agreement of this magnitude, but Madagascar is not the only African country with a considerable agricultural potential affecting the agricultural and food companies and Western Asia.
is also the case, among others, Angola, where the draft agreement with foreign investors provides for the hiring of 20 000 hectares of land, but it is only the first step of the strategy of investors, to " long-term rent for up to 2 million hectares in Africa. This past spring, was the American multinational Chiquita Brands, the world's largest producer of bananas, to announce plans to establish itself heavily in Africa. For the group is a strategic move in order to circumvent the obstacles posed by the EU banana imports from Latin America.
Private companies not only the sun to try to rent land in Africa to ensure food supplies in the future may be increasingly difficult. Gulf Arab states are planning massive investment in African lands.
Faced with this unbridled hunting to agricultural land in less developed countries of the world, FAO, the Organization of United Nations Food and Agriculture, has recently published a document that warned against the risk of a "neo-colonialism 'agriculture. But the alarm, as well as a seat of authority, has not yet been heard.
Information: taken from article by Jean-Pierre Tuquoi Le Monde - 20/11/2008 taken by The Associated Press - 21/11/2008
Image: taken from http:// www.wildmadagascar.org - aerial view of an area deforested for agricultural purposes
It is unclear whether the lands of Madagascar will have to provide food for Koreans or corn and palm oil, used to produce biodiesel, the liquid gold of the third millennium.
is the first time that there is an agreement of this magnitude, but Madagascar is not the only African country with a considerable agricultural potential affecting the agricultural and food companies and Western Asia. is also the case, among others, Angola, where the draft agreement with foreign investors provides for the hiring of 20 000 hectares of land, but it is only the first step of the strategy of investors, to " long-term rent for up to 2 million hectares in Africa. This past spring, was the American multinational Chiquita Brands, the world's largest producer of bananas, to announce plans to establish itself heavily in Africa. For the group is a strategic move in order to circumvent the obstacles posed by the EU banana imports from Latin America.
Private companies not only the sun to try to rent land in Africa to ensure food supplies in the future may be increasingly difficult. Gulf Arab states are planning massive investment in African lands.
Faced with this unbridled hunting to agricultural land in less developed countries of the world, FAO, the Organization of United Nations Food and Agriculture, has recently published a document that warned against the risk of a "neo-colonialism 'agriculture. But the alarm, as well as a seat of authority, has not yet been heard.
Information: taken from article by Jean-Pierre Tuquoi Le Monde - 20/11/2008 taken by The Associated Press - 21/11/2008
Image: taken from http:// www.wildmadagascar.org - aerial view of an area deforested for agricultural purposes
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