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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70Reported <strong>FDI</strong> <strong>in</strong> land (2000-2009) exceed<strong>in</strong>g 5,000 haAsiaTarget Country Investor Dimension Type of <strong>Land</strong> Use Bus<strong>in</strong>ess StatusCambodia Vietnam Rubber Group 100,000 ha Rubber UnknownCh<strong>in</strong>ese Farm Cooperation –Pheapimex GroupMarubeni CorporationRethy <strong>Investment</strong> CambodiaOil Palm Co., Ltd. (MRICOP);jo<strong>in</strong>t venture owned by MongRethy of Cambodia (60%),Borim Universal of Korea(30%) and Lavanaland ofMalaysia (10%)Jo<strong>in</strong>t venture betweenMittapheap-Men Sarun andRama Khmer International ofCambodia, and GlobaltechSdn. Bhd. Of MalaysiaKuwaitright of use for 70years; 300,000 ha2004: feasibility studyfor 11,231 ha concessionarea; 7,600ha rubber plantations“develop spareforest”Signed (2000)Rubber Planned (s<strong>in</strong>ce 2004)11,000 ha Palm oil <strong>Land</strong> concessionseceived 199620,000 ha Palm oil land concessionseceived 1995300,000 ha;US$ 200 millionAgricultural production;riceQatar Unknown Hydropower,agriculturalproductionCh<strong>in</strong>a Unknown 20-30 years landlease; rice, gra<strong>in</strong>sand livestock feedfor export to KoreaPlanned (May 2008)UnknownCh<strong>in</strong>a 130,000 ha rice SignedSouth Korea 200,000 ha “w<strong>in</strong>-w<strong>in</strong> to restoreforestry andproduce Agrofuels”Green Rich Co. Ltd.(Ch<strong>in</strong>a)Ch<strong>in</strong>a National Corporationfor Oversea EconomicCooperation Loadstars DevelopmentCo., Ltd.60,200 ha nowreduced toCh<strong>in</strong>a Goldman Sachs (USA) US$ 450 – 500millionIndonesiaSaudi Arabia (B<strong>in</strong> LadenGroup)Palm oil and acacia8,000 ha Agricultural and<strong>in</strong>dustrial crops500,000 ha;US$ 4.3 billionPoultry and pigfarmsRicePlanned (2008)Signed (October2009)Implemented s<strong>in</strong>ce1998; right fo usefor 70 yearsImplemented s<strong>in</strong>ce2000ImplementedDiscont<strong>in</strong>uedIndia 56,000 ha Palm oil ImplementedSime Darby Bhd (Malaysia) 195,856 ha Palm oil Implemented