There are concerns about tax exemptions, an investment protection pact and a tax on foreign investors, but there no restrictions for Saudi investors to possess lands in Argentina, the Saudi Minister of Agriculture says
Un nuevo informe de GRAIN muestra como hombres de negocios saudíes están llevando a cabo ofertas en África que les daría el control sobre algunas de las tierras agrícolas más productivas del continente.
New report by GRAIN shows how Saudi businessmen are pursuing deals in Africa that would give them control over some of the continent's most productive farmlands.
Un nouveau rapport de GRAIN révèle que des hommes d'affaires saoudiens sont en train de mener des négociations en Afrique qui leur donneraient la mainmise sur les terres parmi les plus fertiles du continent.
La alianza estratégica entre ambas naciones posibilitará abastecer de alimentos a la población de la nación árabe
Covers 10,000 ha in Gambela Regional State for the production of rice, for an initial period of 50 years, with option for renewal.
The participants will explore emerging trends in agriculture in GCC states and Africa and debate on how to turn them into mutually beneficial business relations between the two sides.
The UAE and Saudi Arabia will continue to invest in acquiring farmland abroad as part of their strategy to secure food supplies.
Saudi Arabia has created a government company for agricultural investment abroad as the kingdom phases out local wheat production.
Government and private sector are creating pilot farms as an inventive to investors to either come and buy existing yielding projects, expand them or to run them as joint public-private ventures.
Recent business delegations from Iran and Qatar expressed strong interest in buying farmland in Uruguay to develop their own production projects.
Agroinvest plans to invest 1 billion riyals overseas but is waiting for details on Kingdom's policy.