Saudis want long term leases for Philippine ricelands

Food Security advocates and farmers’ groups should take note of this and maybe ask to be included in the TWG.

Saudi company is interested in leasing up to 200,000 hectares of rain-fed government land and private farms to produce 1.2 million metric tons (MMT) of rice for the Saudi Arabian market.
Dante Delima, assistant secretary at the Department of Agriculture (DA) and coordinator of the National Rice Program (NRP), has already endorsed to Agriculture Secretary Proceso J. Alcala a proposal to create a technical working group (TWG) to study the matter.
The proposal for the long-term land lease was advanced by Dr. Khalid Abu al-Saud of Dar Al-Maskukat Trad¬ing of Riyadh, Saudi Arabia, through a letter dated April 1, 2012 and coursed through Dr. Eduardo C. Sison, chairman of the Madecor Group of Los Baños, Laguna.

Continue reading in YahooNews……..

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