Sudan is hosting the agriculture ministers from Egypt and Saudi Arabia for discussions on a proposal made by president Omer Hassan al-Bashir to use his country’s vast fertile lands to achieve Arab food security.
Almarai said to be among Saudi companies that plan to expand their business in Egypt, along with food oil firm Saffola and Jannat Agriculture Investment Company.
Economist of CI Capital says farming sector requires “more corporatisation”, as the majority of the country’s arable areas of land, largely extending along the river Nile, are family-owned.
Sudanese President Omar Al-Bashir clarified that Sudan has the land and water and Egypt has the human resources and expertise while gulf countries can provide financing.
JSF créera également de nouvelles unités de production horticole pour exportation vers le marché japonais
Al Dahra et Jenaan travaillent avec le gouvernement égyptien à la création d’une joint-venture destinée à produire du blé dans des régions désertiques en Egypte.
The Sudanese Minister of Investment, Dr Mustafa Osman Ismail, told reporters in Khartoum on Sunday that farmlands have been reserved for interested Egyptian farmers at a rate of 10 acres (4 ha) each.
Le Soudan a accepté d’allouer près de 40.568 hectares de terres arables à l’Egypte pour que ce dernier pays puisse y faire des investissements dans l’agriculture, a confirmé lundi un officiel gouvernemental soudanais
UAE-based Al Dahra Agriculture aims to pump water from the country's Aswan High Dam reservoir and deliver it via a 50-kilometre canal to 100,000 acres of reclaimed farmland 60 km from the border with Sudan.
Egyptian PM Ibrahim Mahlab met with UAE Minister of State Ahmed Al Jaber and officials of Al Dahra Agriculture to assure them that the Egyptian government is removing obstacles to the company's projects in Toshka.
Investment plans include a new dairy farm of 5,000 cows and eventually another farm of 20,000 cows that will be the biggest in Egypt.
Egypt plans to lease 25,000 hectares of agricultural land to Arab investors.