Foreign Direct Investment (FDI) in Land in developing countries
Foreign Direct Investment (FDI) in Land in developing countries
Foreign Direct Investment (FDI) in Land in developing countries
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68Reported <strong>FDI</strong> <strong>in</strong> land (2000-2009) exceed<strong>in</strong>g 5,000 haAfricaTarget Country Investor Dimension Type of <strong>Land</strong> Use Bus<strong>in</strong>ess StatusMadagascarMaliTozzi Renewable Energy(Italy)Unitech and United TechnologiesGroup(USA)Les Cultures du Cap Est;Malagasy company, f<strong>in</strong>ancedby an Indian GroupDEKO SA(South Africa); <strong>in</strong>Madagascar represented byDEKOMADProject Malibya; LibyanAfrican <strong>Investment</strong>Portfolio (LAP) (Lybia)Millenium Challenge Account(MCA) (USA)100,000 ha;US$ 300 millionJatropha150,000 ha Sunflower for oilproduction9,100 ha Palm oil for<strong>in</strong>dustrial purposes33,000 ha Agroforestry (p<strong>in</strong>e)100,000 ha Rice Signed16,000 ha Rice and vegetables SignedAl-Korayev (Saudi Arabia) 100,000 ha Unknown PlannedSouth Africa and Ch<strong>in</strong>a 55,000 ha Sugar cane PlannedLibya Projet de SOSUMAR US$ 170 million Sugar cane Planned butproblems concern<strong>in</strong>gcompensation of thefarmersMalawi Djibouti 55,000 ha Unknown SignedMozambique Ch<strong>in</strong>a US$ 800 million Rice Discont<strong>in</strong>ued(political opposition)NigeriaAgric-tech Ltd(UK)Republic of theCongoSekab (Sweden) 100,000 ha Agrofuel crops Under negotiationTrans4mationAgric-tech Ltd (UK)10,000 ha Unknown SignedAgri SA (South Africa) 10 million ha Maiz, soya, poultryand diaryProcana, owned by BioEnergy Africa (British<strong>in</strong>terests)24,500 ha Sugar cane SignedExpected to beimplemented soonSun Biofuels (UK) Unknown Jatropa ImplementedAgriterra (Agricultural<strong>Investment</strong>fund with a<strong>in</strong>shareholders <strong>in</strong> US andEurope)20,000 ha Livestock ImplementatedCAMEC (UK) 30,000 ha Sugar cane foragrufuelsTrans4mation10,000 ha Unknown SignedViscount Energy (Ch<strong>in</strong>a) US$ 80,000 Sugar cane,CassavaVietnam Africa AgriculturalDevelopment Company(VAADC) (Vietnam)Agri SA (South Africa)Implemented10,000 ha Rice Planned200,000 ha offered tofarmers’ unionIn negotioation withthe governmentUnknown Planned but delayed