An agricultural company that used to make products for McDonald’s, Burger King and other fast-food chains has become the largest buyer of land in the U.N. world.
The U.K.-based company, which makes products like frozen yogurt, cheese and other dairy products, acquired land in Kenya in 2011 to build a $1.5 billion, 3,600-acre dairy farm.
The purchase is expected to add to a growing market for American dairy products.
The dairy giant is not the only major U.B.C. company that has purchased land.
American giant Kellogg and other companies have purchased land around the world.
In April, the U,B.K. government announced it was investing $600 million in the country to develop a network of 1,500 kilometers of roads and railways to support economic development.
The government also said it would create more than 1,200 new jobs.
The government said the investment will support economic growth, boost productivity and strengthen rural communities.
U.S.-based firm Cargill, which has a large dairy operation in the United States, bought land in 2008 in a region of Kenya known as Nairobi.
It also purchased land in Tanzania and Zambia in 2011, and the same year it bought land for a new factory in Uganda.