China's investment in African agriculture has nothing to do with "land grabbing," an agricultural expert said at a seminar on China's agricultural investment in Africa Friday. "I think the land grabbing idea is a little hard to sustain because there has been quite a little China's agricultural investments in Africa," said Deborah Brautigam, a professor and director of the International Development Program of the Johns Hopkins University School of Advanced International Studies (SAIS). Brautigam, who has followed China's agricultural relationship with Africa for 30 years, said some farmlands that Chinese companies have bought or rented are quite old, as some were even set up in colonial period. "So that's hard to say that's land garb. That's just normal investment and hasn't displace anybody," said Brautigam Brautigam also said if China companies want to be more successful in investing Africa's agriculture they need to bear more social responsibilities for the local community as the local governments may not keep their promises. "Local governments don't always have the capacity to do it. They don't have the finance to do it. They don't have the incentives to do it. So if Chinese companies want to be seen as responsible investor they are probably going to take those responsibilities themselves," she said. Brautigam suggested Chinese companies do more on training local people and transferring technologies, as well as offering long-term jobs for local people. She said such actions will increase the cost of China enterprises to invest in Africa's agriculture. To reduce companies' burden, the Chinese government should partner more with these companies by providing subsidies. "I think the subsidies can be on the side of the corporate's social responsibility, in terms of subsidies for training workers, or for doing environmental studies, or medication, compensation," Brautigam said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor