UAE corporation to invest $10 billion in agricultural land in Sudan

[Sally]

Smart move on the part of the UAE. As the world's population keeps on increasing, the food supply can't keep up. This way the UAE ensures its own food supply. Arabs, who have loads of money from oil, have been buying farmland in many countries for the same purpose.


UAE corporation to invest $10 billion in agricultural land in Sudan

June 8, 2015 (KHARTOUM) – The National Bureau for Investments (NBI) in Sudan announced that a United Arab Emirates (UAE) corporation specialized in crop production and animal feed expressed a desire to acquire 2.4 million acres of land in one of the largest valleys extending from Sahl al-Batana in the east to the River Nile state in northern Sudan.

A Sudanese farmer stands in a field of sorghum in Gezira state (AFP)
The area known as al-Hawad valley is one of the most fertile agricultural lands in Sudan particularly for maize.

NBI said that Al-Dahra Holding will invest $1 billion dollars in the first phase of the project that would cost $10 billion.

Continue reading at:

UAE corporation to invest 10 billion in agricultural land in Sudan - Sudan Tribune Plural news and views on Sudan

 

[Mr. H.]

I'm a bit confused here.. the UN wants to abolish fossil fuels by the end of this century, yet these jokers want to invest $10 billion in agriculture?

What's up with that shit?

 

[TheOldSchool]

Thank God the U.S. isn't investing in that hellhole.

 

[irosie91]

I'm a bit confused here.. the UN wants to abolish fossil fuels by the end of this century, yet these jokers want to invest $10 billion in agriculture?

What's up with that shit?

even arab oil bastards want to be able to eat in 50 years.----
you can bury gold in the ground----but it does not sprout edible
leaves