Abu Dhabi’s efforts to boost local agricultural production
- OBG
- 28 February 2018
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.
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.
The Sudanese Government continues to grant new long-term leases over community lands to investors without consulting local populations or obtaining their consent, says the Sudan Democracy First Group
Speaker of Gazira state Legislative Council disclosed the Sudanese government and Chinese companies have signed a Memorandum of Understanding (MoU) allowing the latter to grow one million feddans of cotton in Sudan.
AAAID Chairman says scores of investors have expressed the desire for partnerships with the Authority in agriculture.
Saudi-based Al Rajhi International for Investment company targets injecting 1.2 billion Egyptian pounds (US$135 million) to reclaim 75,000 feddans in Egypt's Toshka project until 2020.