Will we call it foreign investment or neocolonialism?

I came across an interesting article in Economist and I feel that the issue should be brought into limelight. Everyone should be aware of this fact and I want all your views on this before it gets too late.

Rich countries are acquiring huge farmlands in poorer countries for importing food crops to their countries to tackle the crisis. The government in countiry like Ethiopia leased lands to the investors in Saudi Arabia. The investors is spending $100m to raise wheat, barley and rice on land leased to them and are exempted from tax in the first few years and may export the entire crop back home. Now the interesting fact is that, the World Food Programme (WFP) is spending almost the same amount as the Saudi investors for providing food aid to the Ethiopians as they are suffering from hunger and malnutrition.

Investment in foreign farms is not at all a new thing. But several things about the current trends are new. One is its scale. A big land deal used to be around 100,000 hectares (240,000 acres). Now the largest ones are many times that. So I leave it to you now...will we call it foreign investment or neocolonialism???