UAE may buy Pakistan farms
- The National
- 06 May 2008
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.
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.
MAP Services Group announced the setup of a Middle East Food Fund in partnership with various Gulf partners to act as a food production basket serving the region. The fund will invest in the agriculture sector in Pakistan, Egypt and Georgia for food and food-related products to be produced for the Gulf region.
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