Tuesday 24 September 2013

GCC still reliant on foreign agriculture despite investments | GulfNews.com

GCC still reliant on foreign agriculture despite investments | GulfNews.com:

"Gulf Cooperation Countries (GCC) will continue to rely on foreign agriculture for food security despite significant investments made by regional fertilizer companies.
Dr Abdulwahab Al Sadoun, Secretary General of the Gulf Petrochemicals and Chemical Association (GPCA) said that fertilizer companies in GCC countries were investing a total of $10 billion (Dh36.730 billion) in current or planned expansion and planned projects.
He said that these projects would significantly enhance capacity however the lack of water supply within the region meant that food security would be dependent on foreign agriculture for the foreseeable future."

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