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This report was prepared by Saifullah Syed, Senior Economist, FAO Investment Centre (TCI), in collaboration with Masahiro Miyazako, Project Coordinator, TCI. We would like to express our gratitude to the Japanese Ministry of Agriculture, Forestry and Fisheries for funding this work.

The report is based largely on country case studies and a literature survey. It has drawn extensively from the FAO publication: State of Food and Agriculture 2012 – Investing in Agriculture for a Better Future. The case studies were conducted in Bangladesh, Bolivia, Brazil, Burkina Faso, Cambodia, China, Ethiopia, Egypt, India, Indonesia, Lao People’s Democratic Republic, Mali, Malawi, Nepal, Republic of Korea, South Africa, Paraguay, Thailand, United Republic of Tanzania, Viet Nam and Zambia. We would like to thank the researchers and consultants who prepared the case studies and the background analytical reports.¹

The report benefited from the Technical Workshop on Policies for Promoting Investment in Agriculture, held in Rome, 12–13 December 2011 and led by Peter Hazell, Imperial College, London, as a key resource person. It has also benefited from the Symposium on Poverty Reduction and Promotion of Agricultural Investment, held on 10 March 2010 in Tokyo, Japan, with the participation of Supachai Panitchpakdi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) as well as the Workshop on Private Corporate Sector Investment in Agriculture in Southeast Asia, organized by Brighten Institute, Bogor, Indonesia in collaboration with FAO and held on 10–11 November 2012 in Bandung, Indonesia. We are grateful to all the participants to the workshops and symposium as well as the FAO Liaison Office in Japan and Brighten Institute in Indonesia.

Datasets on Agricultural Capital Stock and other statistical indicators were revised and updated through the efforts of Dominic Ballayan, Carola Fabi and Robert Mayo of the Statistics Division. We are thankful to Pascal Liu, Suffyan Koroma, Pedro Arias and Massimo Lafrate of the Trade and Markets Division for supervising and guiding the case studies on foreign investment in agriculture and for contributing in the sections dealing with foreign investment, particularly Section 7.4 of this report. We also extend our thanks to Masataka Fujita and Astrit Sulstarova of UNCTAD for their valuable support on the data and analysis of foreign investment in agriculture.

We are grateful to Calvin Miller, Emilio Hernandez and Nomathemba Mhlanga, the Rural Infrastructure and Agro-industries Division, for their contributions on investment in agro-industries. We are also grateful to Keith Wiebe, Jakob Skoet, Sarah Lowder and Brian Carisma, all from FAO’s Agricultural Development Economics Division, and Daneswar Poonyth of FAO’s Policy and Programme Development Support Division. Special thanks to Peter Hazell (Imperial College, London), Martin Evans, Derek Byerlee, Rita Butzer (University of Chicago), Carlos Seré (International Fund for Agricultural Development), Alberto Valdés (Universidad Católica de Chile), Mahendra Dev (Indira Gandhi Institute for Development Studies), Tewodaj Mogues, International Food Policy Research Institute, Bisaliah Siddinaik, Donato Antiporta and Nasredin Elamin (FAO Regional Office for the Near East and North Africa).

We would like to thank Richard China, Director, FAO Liaison Office with the European Union and Belgium and David Phiri, Principal Adviser with FAO’s Economic and Social Development Department, for providing guidance on the implementation of the project in their previous capacity as Director, Policy and Programme Development Support Division and Chief, Policy Assistance Support Service, respectively.

Finally, we would like to thank Ms Rumiana Uzunova for handling the administrative and logistical matters, helping in the preparation of this publication and harmonizing all other project activities.