UAE to invest in Kazakh agriculture
- Financial Times
- 16 July 2008
The United Arab Emirates is seeking to invest in agricultural projects in Kazakhstan as part of its efforts to secure food supplies.
The United Arab Emirates is seeking to invest in agricultural projects in Kazakhstan as part of its efforts to secure food supplies.
President of the United Arab Emirates, Khalifa bin Zayed, has said that in order to secure food supply for the country, the government wants to invest in farmland in Kazakhstan
The UAE is actively looking at acquiring farmland in Vietnam, Cambodia, Africa and South America in an effort to ensure the availability of food stocks, according to the UAE Minister of Economy.
One would expect China to add food crops, or farm land, into its growing number of arrangements with African nations, which could explain part of China’s support for Robert Mugabe in that potential breadbasket, Zimbabwe (one report states that China has already received rights to farm 250,000 acres, or 1,000 square kilometres, of corn in southern Zimbabwe).
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