Bangladesh To Lease Sudanese Farmland

Via The Daily Star, news that Bangladesh will lease Sudanese farmland:

Bangladesh yesterday signed a memorandum of understanding (MoU) with South Sudan to take a 10-year lease on Sudanese farmland to grow crops aimed at ensuring food security of both the countries.

Bangladesh and Sudan will jointly produce rice, lentil, oil, cotton and other crops on the leased land and share the produces between the two countries, said a press release.

The MoU was signed between Bangladesh’s agriculture ministry and the newly independent Sudan’s agriculture and forest ministry when a Bangladeshi delegation visited the African country.

Expatriates’ Welfare and Overseas Employment Minister Khandker Mosharraf Hossain led the delegation to the east-central African country on July 28 and they are scheduled to return home on August 5.

The move of leasing land abroad is one of Bangladesh’s various efforts to improve food production in the wake of rising population and decreasing farmland at home.

Under the MoU signed, Bangladesh and Sudan will exchange training, technologies and expertise for increased productivity. On completion of ten years, it will extend for ten more years automatically, the release said.

The delegation also held talks with South Sudan’s president, ministers and officials concerned.

Earlier, two Bangladeshi companies have leased 40,000 hectares of farmland in Uganda and Tanzania.

Another Bangladesh delegation earlier visited various African countries to take farmland but no concrete outcome is known of their visit.



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About This Blog And Its Author
Seeds Of A Revolution is committed to defining the disruptive geopolitics of the global Farms Race.  Due to the convergence of a growing world population, increased water scarcity, and a decrease in arable land & nutrient-rich soil, a spike of international investment interest in agricultural is inevitable and apt to bring a heretofore domestic industry into a truly global realm.  Whether this transition involves global land leases or acquisitions, the fundamental need for food & the protectionist feelings this need can give rise to is highly likely to cause such transactions to move quickly into the geopolitical realm.  It is this disruptive change, and the potential for a global farms race, that Seeds Of A Revolution tracks, analyzes, and forecasts.

Educated at Yale University (Bachelor of Arts - History) and Harvard (Master in Public Policy - International Development), Monty Simus has long held a keen interest in natural resource policy and the geopolitical implications of anticipated stresses in the areas of freshwater scarcity, biodiversity reserves & parks, and farm land.  Monty has lived, worked, and traveled in more than forty countries spanning Africa, China, western Europe, the Middle East, South America, and Southeast & Central Asia, and his personal interests comprise economic development, policy, investment, technology, natural resources, and the environment, with a particular focus on globalization’s impact upon these subject areas.  Monty writes about freshwater scarcity issues at www.waterpolitics.com and frontier investment markets at www.wildcatsandblacksheep.com.