Home | News    Saturday 4 January 2014

Saudi agricultural company to invest in Sudan, says executive director

separation
increase
decrease
separation
separation

January 3, 2014 (KHARTOUM) – The executive director of the Saudi agricultural company, Iktifaa, Mohamed Ibn Saeed Al-Atiya, has announced that his company will establish agricultural and animal projects in Sudan’s state of Sennar and the Northern state to produce grain and cattle feed.

JPEG - 31.3 kb
A local farmer harvests sorghum produced from seeds donated by the Food and Agriculture Organization (FAO) through the "Improving Seeds" project. 11 December 2006 (UN Photo/Fred Noy )

Al-Atiya stressed in statements on Thursday following meetings with officials in Khartoum, Sennar, and Northern states that his company would grow wheat, corn, and oilseeds such as sunflower and peanuts as well as investing in cattle fattening projects.

He said that the chairman of Iktifaa’s board of directors, Prince Abdel-Aziz Ibn Mashaal Ibn Abdel-Aziz directly instructed the company to invest in Sudan within the framework of King Abdalla Ibn Abdel-Aziz initiative for achieving Arab food security.

Al-Atiya, who met with the agricultural minister Ibrahim Mahmoud Hamid, said that he visited the two states and saw their plans to attract Arab investments in agriculture particularly investments from Gulf States, adding that he was briefed on the investment opportunities in the agricultural and animal sectors.

He asserted Sudan was among the first countries which responded to King Abdalla’s initiative for achieving Arab food security, saying that Sudan enjoys vast resources including large agricultural land, animal wealth, and water.

The governor of the Northern state, Ibrahim Al-Khidir, for his part, said Saudi Arabia has 40 years of experience in agricultural investments and stressed that his state has unparalleled fertile land, pointing out that integration between the two countries would lead to food self-sufficiency in Saudi Arabia, Sudan and the Arab world.

Last year, Sudan signed an agricultural cooperation agreement with Beijing which gives Chinese companies several options to operate in Sudan.

The accord aims at promoting Sudan self-sufficiency and exporting surpluses to China and the rest of the world to contribute to solving the world’s food shortage.

Once hoped to be the breadbasket of the Arab world, Sudan’s agricultural sector has continued to deteriorate over the years mainly as a result of negligence, drought, mismanagement, high taxes and the overall economic climate.

Sudanese farmers often complain about the high costs of imported materials such as fertilizers. Many of them were sent to jail as their debt piled up.

Foreign investors also complain about lack of infrastructure and unfriendly laws which they say deters them from putting money in Sudan’s vast farmlands.

In May of last year, a Saudi investment firm said it will hold off its planned agricultural project in Sudan to produce wheat and other basic food items until the government eases a ban to repatriate profits.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


What do we expect from the final South Sudan Peace Talks? 2015-02-27 08:41:32 By Luka Biong Deng As the alleged final and last round of peace talks on South Sudan commenced in Addis Ababa, the people of South Sudan attach little hope and expect nothing as they have been (...)

The Berlin Meeting: What’s at stake? 2015-02-25 11:33:06 By the Sudan Democracy First Group (SDFG) Between 25 and 27 February, Berlin will become the hub for the Sudanese unarmed and armed opposition, invited by the German Foreign Ministry and the (...)

Can a democratic government extend its own life? 2015-02-23 07:32:25 By Dr Lam Akol Last Thursday, the government tabled before parliament an amendment bill in order to amend the Constitution for the Government to extend its life for two more years. In a (...)


MORE








Latest Press Releases


Archbishop Taban calls for reconciliation and forgiveness 2015-02-23 09:30:38 February 2015 Greetings from Peace Village, Kuron. It is really a Peace Village. I had my peaceful Christmas and a Prosperous New Year in Kuron. God really blessed the area with Peace. You can (...)

WFP appreciates US additional support for S. Sudan’s hungry 2015-02-19 08:20:15 17 February 2015 (JUBA)- The United Nations World Food Programme (WFP) has welcomed a contribution of US$165.5 million from the United States Agency for International Development (USAID) to feed (...)

Press Release from the SPLM/A (IO) in Uganda 2015-02-11 09:39:09 February 10, 2015 1. The office of the SPLM/A (IO) and the presence of its diplomatic representation that was established under the Kampala outcome of the 21st August 2014 is operational and has (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.