The denial was brought by the spokesman of the Chinese Embassy in Cameroon. In today’s edition, the daily La Nouvelle Expression reports that the information that Cameroon has sold 100 000 hectares of its land to Chinese companies is false.
“The faculty of international studies at the American John Hopkins University shows that Cameroon is the first among the African countries where China has acquired the most farmland. This conclusion is not only not well founded, but also far from the idea expressed by curry, “notes the newspaper.
For the spokesman of the Chinese Embassy, all four farmland mentioned in their reports “supposedly acquired by Chinese companies are only concessions.”
Compared with the four lands that China would have acquired, the paper says: “Regarding the three lands for rubber production, the Chinese conglomerate SINOCHEM, by buying 51% of the shares of the Singapore group GMG Global has automatically obtained a share of Rubber production ... SINOCHEM is not the only shareholder, Cameroonian and international operators also have their share in these projects “.
The paper also says that the 100,000-acre farmland is “a concession, instead of a purchase … The companies have long-term lease agreements for certain lands, and short-term lease term for others “.
“The shareholders of these projects, including the Chinese company, are not owners, but holders of a land concession … for a significant part of 100 hectares, and not 100 000 hectares as reported in some local media”, reports our colleague.
For the spokesman of the Chinese Embassy, all four farmland mentioned in their reports “supposedly acquired by Chinese companies are only concessions.”
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| China Denies Having Acquired 100,000 Hectares Of Land In Cameroon |
The paper also says that the 100,000-acre farmland is “a concession, instead of a purchase … The companies have long-term lease agreements for certain lands, and short-term lease term for others “.
“The shareholders of these projects, including the Chinese company, are not owners, but holders of a land concession … for a significant part of 100 hectares, and not 100 000 hectares as reported in some local media”, reports our colleague.
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