Indonesia aims to attract Gulf Arab investors to develop "sleeping land" says Agriculture Minister during meetings with businessmen in Riyadh.
Abu Dhabi is preparing to launch a large-scale agricultural project in Sudan to develop more than 70,000 acres of land as part of the oil-rich Gulf emirate's efforts to secure food supplies.
- Financial Times
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03 June 2010
"Agricultural lands being leased by Saudis have been increasing by the day in Ethiopia," Ethiopian Consul General Tekleab Kebede says.
NCB Capital estimates that Saudi Arabia and the United Arab Emirates, the main buyers of African land, have acquired some 6 million acres worldwide, largely in Sudan, Pakistan and Indonesia. Other estimates are much higher.
Argentina will welcome investment from Saudi Arabia in its agricultural sector so the Kingdom can guarantee its own food security, the Argentine Embassy has said.
« Certains de nos agriculteurs du secteur privé ont commencé à investir dans des pays comme l’Egypte et le Soudan. Nous espérons en faire de même en Algérie » dit le ministre de l’agriculture saoudien.
- Oxford Business Group
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25 May 2010
The process of buying up large swathes of farmland in foreign countries is politically sensitive, but "beggars can't be choosers" says a senior executive at a leading Middle Eastern food commodities trading firm
Immediate projects to be promoted under Saudi Arabia's Private Investment Fund might concern livestock production in the East Coast Economic Region, according to former prime minister Tun Abdullah Ahmad Badawi
Saudi Arabian Agriculture Minister Fahd Bin Abdul-rahman Bin Sulaiman Balghunaim said at the summit that Saudi Arabia was planning to invest in Algeria's agriculture, like Egypt and Sudan.
Pakistan’s ambassador to the Kingdom has called on Saudis to invest in his country’s agricultural sector.
AgriNurture Inc has signed the enclosed MoA with Far Eastern Agricultural Investment Company of Saudi Arabia for food crop plantations and processing plants in the Philippines.
- Manila Bulletin
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05 May 2010
Powerpoint presentation made by Dr. Abdullah A. Al-Obaid to an expert group meeting at the Islamic Development Bank in Jeddah on 2-3 May 2010.