Korea Will Grow Wheat in Sudan
- Korea Times
- 15 June 2008
A big chunk of land in Sudan has been set aside for Korea to invest in crop production, the Sudanese ambassador said.
A big chunk of land in Sudan has been set aside for Korea to invest in crop production, the Sudanese ambassador said.
The Kingdom of Saudi Arabia is in talks with Sudan and other countries to grow grains to meet its strategic food needs.
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.
As food crisis worsens, some nations are desperate for arable land
To break the runaway inflation that is fuelled by high food costs, Gulf rulers have a new strategy: they are buying unused agricultural land in poor countries like Pakistan, Thailand and Sudan, and becoming large-scale farmers.
Gulf oil producers need to set up agricultural projects in fertile Arab countries to achieve self-sufficiency and to bridge a massive farm deficit that exceeded $12 billion (Dh44bn) in 2006, a Gulf group said yesterday.
Egypt, Jordan and Kuwait are among the Arab countries who invest in agriculture in Suda. Also there are some private Saudi investors working in this field in the country.
Investors in Saudi Arabia, one of the world's top rice buyers, are looking for joint ventures with Thai partners to invest in rice farming in Thailand and Africa.
The Jordanian Prime Minister Nader Dahabi said his country will cultivate lands allocated for his country in Sudan as part of his government strategy to deal with rising prces of food items on the international market.
Dubai-based Abraaj Capital, one of the Middle East’s largest private equity companies, has been quietly buying farmland in Pakistan as part of plans by the United Arab Emirates to increase food security and to damp inflation.
Liu Jianjun, a former Chinese government official who runs the Baoding-Africa business council, has contracts to farm 10,000 acres in Uganda, to build a cornflour processing factory in Kenya and for a farm project in the Ivory Coast.
Special Agricultural Consultancy between the Government of the Syrian Arab Republic and the Government of the Republic of Sudan (May 2002)
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