...
...
Next Story

Bangladesh buying African farmland

Thousands of hectares of farmland in Africa have been leased to two Bangladeshi companies as part of a collaborative effort that will enable them to acquire 60 % of the produce, and in return train African farmers in rain-fed rice cultivation.

Updated on: May 20, 2011 12:56 AM IST
Advertisement

Thousands of hectares of farmland in Africa have been leased to two Bangladeshi companies as part of a collaborative effort that will enable them to acquire 60 % of the produce, and in return train African farmers in rain-fed rice cultivation.

HT Image
HT Image

According to the daily Sierra Express, deals have been signed by two Bangladeshi companies to lease unused cultivable land in Uganda, Tanzania and Gambia. The deals will enable Bangladesh to acquire at least 60 % of the produce from the leased lands in the respective countries, it said.

In return, the companies will train African farmers in rice cultivation, seed conservation and irrigation.

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe