Jannat has a target of securing 100,000 to 215,000 hectares of land abroad, including $100m in African investments, says Mohammed Abdulla al-Rajhi, chairman of Jannat and deputy chairman of Tadco.
In June 2009, the Indian company Karuturi took up intensive farming in Ethiopia. The harvest will be exported to Asia and Europe.
Indiens et Saoudiens sont sur le point d’effectuer leur première récolte sur sol éthiopien. Le pays a prévu de céder 2,7 millions d’hectares aux étrangers.
Le gouvernement éthiopien mettra 2,7 millions d’hectares à disposition des investisseurs étrangers, 1,6 million d’ici à octobre, à des conditions privilégiées. Enquête excellente de l'Hebdo en Ethiopie et au Madagascar.
"Saudi Arabia is increasingly looking for agriculture investment opportunities abroad, mostly in Africa," reports the US mission in Riyadh in May 2009
Since details emerged of Saudi Arabia’s plans to ensure supplies of wheat, rice, corn, soya beans and alfalfa through overseas agricultural investments, officials have insisted that they intended the programme to be private-sector led.
Saudi agricultural company Tabuk Agricultural Development Co has started preparations to invest in food production abroad, driving up its stock.
A consortium of Saudi agricultural companies is looking to invest 150 million riyals ($40 million) into food production in Africa, the Agriculture Ministry said on Sunday.
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