Presentation on theme: "OVERSEAS FARMLAND INVESTMENTS – A BOON OR A BANE FOR FARMERS IN ASIA? Raul Q. Montemayor National Business Manager Federation of Free Farmers Cooperatives,"— Presentation transcript:
OVERSEAS FARMLAND INVESTMENTS – A BOON OR A BANE FOR FARMERS IN ASIA? Raul Q. Montemayor National Business Manager Federation of Free Farmers Cooperatives, Inc. (FFFCI) - Philippines
Outline Introduction Drivers of Overseas Farmland Investments Modes of Farmland Investment Issues and Concerns Recommendations
Introduction Foreign investments in farmlands and agriculture not exactly new But trend has been increasing perceptibly in recent years
Drivers of Farmland Investments Commercial/business incentive Trade liberalization Food security Food safety concerns Energy security and biofuels Expected gains by recipient countries from investments
Modes of Farmland Investments Land purchase and development Long-term lease, often with joint venture with local investors Contract growing with local farmers Anchor firm cum contract growing
Issues and Concerns Potentials gains from farmland investments sizeable, but we need to consider: Displacement of landowners and increased landlessness and land insecurity Policy inconsistencies Food security concerns Expected benefits may not materialize Environmental impacts One-sided contracts What if governments helped the farmers instead?
Recommendations Overseas farmland investments are not bad per se, but need to find win- win solutions Clear and consistent national policy framework as basis for land use and foreign investment policies and rules Strict compliance rules for investors Protection for small landowners and workers Local farmers, not foreigners, are the more important investors