The new office of the Turkish and Sudanese joint agricultural and livestock company will commence works on a 12,500 ha pilot farm, as part of an agreement in which 780,000 ha in Sudan have been earmarked for Turkish companies.
The Government of Bangladesh has decided to acquire land in Sudan in a bid to explore commercial farming opportunities in the Northeast African country.
Hassad, a subsidiary of Qatar Investment Authority, announces its intention to invest $500mn in the Sudanese agricultural and food sectors over the next three years.
About 500 farmers were left landless when the Sudanese government grabbed it to establish the Habilla Agricultural Project, ignoring their inheritance rights and claiming they had not paid their ‘ownership renewal fee’.
Abu Dhabi-based Jenaan Investment has a new joint venture with the government of Sudan to farm 10,000 ha there to produce fodder for livestock in the UAE.
Turkey-Sudan Business Council Chair Mehmet Ali Korkmaz indicated that 780,000 hectares of land leased by Turkey in Sudan would be open to Turkish investors and agriculture production, doubling Turkey's crop.
Sudan wants to expand agricultural production and investments, which could benefit it as well as Egypt, but Cairo worries that such a development might threaten its supply of the Nile's water.
According to the agreement, Turkey will lease a total of 793,000 hectares in six different regions in Sudan, of which 12,500 hectares will be allocated to the joint company. The rest will be leased to private sector firms.
The Sudanese President Omer al-Bashir Tuesday has issued a presidential decree to allocate 2,4 million feddans of land in the River Nile State for a national agricultural scheme, backed by the UAE's Al Dahra Agricultural Holding
Sudan's Minister of Investment says the conference will be attended by ministers responsible of investment in the Arab world, organizations, financing institutions and businessmen and constitutes a solid base for promoting the agricultural investment in Sudan.
The Djiboutian minister expressed his country's desire to invest in the agricultural sector in Sudan to achieve food security, depending on President Al-Bashir's Initiative on Arab Food Security.
There are 196 Saudis investing in the agricultural sector in Sudan and they basically focus on wheat, corn and feed.
