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.
Inflation and the spectre of long-term food shortages have prompted the UAE Government to consider a new strategic investment – the purchase of large-scale farms in Pakistan and other countries.
The worldwide shortage of food grains coupled with high food prices is driving leading food companies and investors from the UAE to Pakistan in search of lucrative deals in the agriculture sector in of one of the world’s major food exporters.
Al Qudra cible 14.000 hectares dans l'huile d'olive et a participé aux appels d'offres lancés par les pouvoirs publics marocains relatifs aux terrains des Sodea-Sogeta. D'autres terrains sont en cours d'analyse pour démarrer les travaux de plantation, a déclaré le management.
The Moroccan government has pursued a strategy of leasing state-farms previously under the management of Société de Développement Agricole (SODEA). A large number of bids were made by agricultural businesses from France, Egypt, Spain and the United Arab Emirates.
Al Qudra a fondé la société Ikhlas spécialisée dans la production et la distribution de l’huile d’olive et il vient de prendre une option dans la création d’une société mixte dans le secteur des pêches maritimes
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