Tuesday 12 January 2010

Global farmland to receive more investment in 2010

In time of economic uncertainty, farmland is regarded as a safe haven, which was proven to be the case in 2009.



Farmland - from the UK to Ukraine to Uganda - has attracted large volumes of investments, and the trend is set to continue in the coming years.



"After previous crises, land has always recovered very quickly, " head of Savills' rural research, Ian Bailey, told Agrimoney.com.


£7.5 billion fund investment for UK farmland


The global economic downturn lifted up the amount of interest in British farmland - over 170,000 acres of land are put up for sale every year, according to Savills.



There will be over £7.5 billion to be invested in UK farmland, which are currently priced at an average of £7,500 per acre (approximately £18,533 per hectare).



The company also expected UK agricultural land prices to rise each year up to 2015.


Egypt to invest in Uganda farmland


Meanwhile, one of the world's biggest grain importers Egypt is identifying land in Uganda for growing wheat.



A delegation from Cairo is due to arrive Uganda soon, following a talk between Moscow and Cairo over formalising wheat imports from Russia.


Ukraine remain attractive for foreign investments


Ukraine, among Russia and Kazakhstan, received the highest share of foreign capital in 2009.



As of February 2009, the volume of direct investments to the agrarian sector of Ukraine totalled US$620 million.



Farmland in Ukraine is famous for its fertile soil and undervalued prices.



To find out more, download our Ukrainian Agricultural Investment report now by clicking here.

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