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Private investment in agriculture globally is expected to double to around $5 billion to $7 billion in two years, a farm consultancy executive said on Monday.
"What we are seeing right now is a lot of interest from institutional investors, private capital, pensions and endowment foundations to invest in real assets," said Chris Erickson, managing director of Boston-based farm consultancy HighQuest.
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"Farmland today globally provides a very interesting investment scenario," he told Reuters on the sidelines of an industry seminar in Singapore.
"Over the next couple of years you are looking at $5-7 billion of investment in agriculture globally," Erickson said, adding that the investment would be double that seen in the last two years.
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Source: Reuters