Contract farming in foreign land | 2018-09-02 | daily-sun.com

Contract farming in foreign land

    2 September, 2018 12:00 AM printer

Contract farming in foreign land

In an opening economy, the whole world is now a global village and global platform for working and having job for human beings. Every country in the world depends on each other for mutual benefits like export-import, trade and investment, expatriate transfer, materials or inputs, adaptable technology attracting Foreign Direct Investment (FDI) for their respective socio-economic developments. Big African countries with vast land resources which are barren, unproductive, uncultivated for lack of skilled and energetic manpower, adequate capital, machinery or management can be chosen by the Bangladeshi investors or businessmen to invest in. Bangladeshi investors or businessmen can invest in these foreign countries which have demand for manpower and skilled entrepreneurs. Bangladesh is a small country with limited land resources but densely populated with skilled, semi-skilled, unskilled human resources, having immense opportunities of job in the foreign countries. Unemployed and underemployed people exist in the country and this type of people is increasing in the country at an alarming rate. Thousands of students from different theoretical, technical and vocational school, college and universities are passing out with degrees but all of them are not employed because of inadequate vacancies or appointments in the firms/industries. For this reason, we have to explore business/farming opportunities in foreign land which have abundant land and other natural resources with less population. Our businessmen/entrepreneurs should be encouraged to invest, explore and exploit the potential opportunities of contract farming in foreign lands. Contract farming generally in definition, “is a form of agriculture/industrial activities on the land with necessary inputs from the buyer’s side. The buyer takes the lead in the marketing of the products as well”. We have growing number of entrepreneurs who are joining in agriculture or industrial business and contributing to the rise in yields of produce. Their expertise and knowledge can be utilised in contract farming abroad. China has heavily invested in Steel, Agriculture, Power, Hydro-Power and other infrastructure sectors in the South and West African countries. Our neighbouring country India has also invested abroad and is seeking opportunities in this field. Bangladesh has huge educated population in agricultural discipline and has many agriculture-related industry and educational institutions. Our agriculture graduates who are passing out from agricultural institutions or universities are interested for self-employed job in agriculture, dairy or poultry farming, small or mini-agriculture related industries at home or abroad. There is a huge demand and potential for agriculture products worldwide which can be produced and exported to other countries suited to the needs meeting the local demands.

 

Advantages of such farming in foreign countries:

Possibilities of skilled, semi-killed, unskilled manpower export to foreign countries to work on agricultural land.

Potential for agro-based industries in foreign land and exports of agricultural produces like cereal crops, fruits and vegetables. 

Creating more agriculture or industrial entrepreneurs gaining worldwide experience and knowledge.

It will help also to reduce unemployment problems as well as earn foreign exchange to contribute to our Gross Domestic Product (GDP) growth.

As we have plenty of under-employed manpower in the agriculture sector due to shortage of land in the country it can utilise their full potentials. It can be an opportunity for the unemployed educated people to be employed in this field. It can help us to reach Sustainable Development Goals (SDG) too. We should encourage the potential and possible sectors of contract farming/business in foreign lands in Africa, North-America, Canada, Australia and other feasible productive unutilised foreign land/country. A high level committee from Foreign Ministry and Planning Ministry can formulate a pragmatic policy in this regard.

 

Md Muzibur Rahman, Additional Land Acquisition Officer, in DC (Deputy Commissioner) Office, Dhaka


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