UAE remains vulnerable to high food price
- Emirates 24/7
- 23 November 2010
Sudanese officials say the “Zayed Project” is among the largest farm ventures launched by the UAE in Sudan, with investment of $60 million.
Sudanese officials say the “Zayed Project” is among the largest farm ventures launched by the UAE in Sudan, with investment of $60 million.
Government and private sector are creating pilot farms as an inventive to investors to either come and buy existing yielding projects, expand them or to run them as joint public-private ventures.
Qatar gives special attention to investments in Sudan in agricultural fields and livestock.
Urges transparency and regulation to protect rights, prevent further food insecurity.
Mounting concern over security of food supplies is spurring a wave of private-sector investment in Africa.
The Egyptian external agricultural land deals are all the more fragile as a future government or policy change in Ethiopia or Sudan risks destabilizing their external food security strategy.
The UAE controls more than 2,800 square kilometers [280,000 ha] in farms in Sudan -- more than triple the area of Bahrain -- as a result of its decision to invest in agricultural projects in fertile Arab nations to slash its soaring food import bill
A plot of land has been chosen for Iran to establish an agro-industry complex to produce wheat and sugar in Sudan
Egyptian private equity firm Citadel Capital said it was investing $40 million to grow crops in Sudan, where agricultural spending is increasing as the government moves to address food shortages.
Jordan's stalled Sudan agricultural investment project is no longer feasible, as no one will pay the infrastructure costs to transport water.
Abu Dhabi finalises scheme to purchase 29,400 hectares of land in Sudan
Egypt's government signed a deal to allow Egyptian companies access to 400,000 hectares of farm land in Sudan, the first deal of its kind between the two countries