Rice is the staple food of half of the world's population, including China and India, the world's most populous countries and fastest growing economies.This is the reason behind the aggressive efforts by many countries that have limited land resources to secure use of land overseas to ensure future rice supplies for their citizens at home, or to benefi t from future increases in the price of the commodity.
Singapore's state owned firm Temasek is seeking to buy land in North Bolaang Mongondow, regency, North Sulawesi, where they plan to grow high-quality rice.
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Letter: Clarification from Temasek Life Sciences Laboratory Ltd. - The Jakarta Post
