1. Home
  2. Asia
  3. Bangladesh

Manila forum to mull farmland purchases in developing countries

A vender at the Chunakhali food market in Bangladesh's Barguna District, says prices have rocketed in the wake of Cyclone Sidr, which devastated much of the area on 15 November 2007. David Swanson/IRIN
A two-day “Investment Forum for Food Security in Asia and the Pacific” opened in Manila on 7 July, and will look at escalating food prices, concerns about food production and overseas leases or purchases of farmland in developing countries.

Some 400 participants from 25 countries will discuss innovations and good practice in promoting sustainable and inclusive food security.

“The ultimate aim is to have more investment, but also better investment that responds to the needs of the undernourished and to the changing structure of the times,” Sumiter Singh Boca, policy officer for the UN’s Food and Agriculture Organization (FAO), told IRIN.

Of the 3.5 billion people in the region, FAO estimates that 642 million live in hunger. The forum, co-organized by FAO, the Asian Development Bank and the International Fund for Agricultural Development is the first of its kind in the region.

nb/cb

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Hundreds of thousands of readers trust The New Humanitarian each month for quality journalism that contributes to more effective, accountable, and inclusive ways to improve the lives of people affected by crises.

Our award-winning stories inform policymakers and humanitarians, demand accountability and transparency from those meant to help people in need, and provide a platform for conversation and discussion with and among affected and marginalised people.

We’re able to continue doing this thanks to the support of our donors and readers like you who believe in the power of independent journalism. These contributions help keep our journalism free and accessible to all.

Show your support as we build the future of news media by becoming a member of The New Humanitarian. 

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join