Turkish investors have been cooperating with Kuwaiti businesspeople to invest some $100 million in greenhouses on a 100 hectare area in the Karaali region to export agricultural products to Gulf countries.
The new office of the Turkish and Sudanese joint agricultural and livestock company will commence works on a 12,500 ha pilot farm, as part of an agreement in which 780,000 ha in Sudan have been earmarked for Turkish companies.
Ahmet Hasan, the general manager of Royal Link, which manages the investments of Qatar Holding, says they have acquired a huge tract of land for the production of dried fruit and several Qatari companies have acquired other large areas of farmland.
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.
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.
With the passing of a law in 2012 opening the door to foreign investment in farmland in Turkey, Gulf countries are increasing their investments in agriculture and livestock, as they aim to meet their homeland's food needs.
Anadolu Etap is a joint venture between the Turkish companies Anadolu Group and Özgörkey Holding and the Cutrale Group, owned by one of Brazil's largest orange and soybean farming families. The company has 6 different farms covering 2.500 ha in Turkey.