Khartoum Region will capture 30 percent of the $13 billion in Saudi investments, which are primarily focused on agriculture and mining says a senior official at the Sudanese Higher Council of Investment.
Riyadh trade show will bring together participants from over 40 countries to facilitate business partnerships as part of Saudi Arabia's drive to encourage businesses to invest in farming operations abroad.
Le projet de Tochka était censé régler les problèmes démographiques et agricoles de l’Égypte. En 2008, plus de 30 000 ha ont été attribués à une compagnie saoudienne. Fin 2013, une compagnie émiratie y annonçait l’achat de 40 000 ha.
Saudi food firms have invested in Sudan, Lebanon, Syria and Egypt, but their respective political situations have forced investors to look for alternatives, with Pakistan and Australia looking to be a good fit.
Saudi dairy company Almarai completed the purchase of 9,834 acres of farmland in Arizona, US, as part of its efforts to secure a supply of alfalfa hay from outside the Kingdom to support its dairy business.