Peasants Group Warns of Land Grab by Foreign Investors

Agriculture News

Peasants Group Warns of Land Grab by Foreign Investors
PoliticsLAND LEASEFOREIGN INVESTMENT
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The Kilusang Magbubukid ng Pilipinas (KMP) warns that Senate Bill 2898 and House Bill 10755, which propose extending land lease terms for foreign investors to 99 years, will exacerbate landlessness among Filipino farmers. The group highlights the existing issue of landlessness among Filipino farmers and criticizes the conversion of agricultural land to cash crop plantations for export.

SENATE Bill 2898 and House Bill 10755, or the proposal to extend land lease terms for foreign investors to 99 years, will worsen the problem of landlessness among the agricultural population, the Kilusang Magbubukid ng Pilipinas said in a statement.The national peasants group said that, based on data, seven out of 10 Filipino farmers have no ownership or rights over the land they are tilling, noting that rice farms are also shrinking in size and productivity.

The bills, the KMP said, are 'nothing short of a betrayal of Filipino farmers' and against the principles of national sovereignty and genuine agrarian reform, which is the organization's main advocacy.President Ferdinand Marcos Jr. must veto the measure if it reaches Malacañang, the KMP demanded, warning the public of the bills' consequences, especially on local farmers and Indigenous peoples , if signed into law.

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Politics LAND LEASE FOREIGN INVESTMENT AGRARIAN REFORM PHILIPPINE FARMERS NATIONAL SOVEREIGNTY

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