Monday, 11 November 2013

Saudi Arabia to target agro-investments abroad | Arab News

Saudi Arabia to target agro-investments abroad | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:

"Saad Khalil, director of King Abdullah’s Initiative for Saudi Agricultural Investment Abroad, recently revealed that 35 countries have been targeted for agro-investment so far.
Khalil said investments are available in these countries to produce basic and strategic commodities for food security for both the Kingdom and target countries.
“We still don’t have accurate information as to whether there has been growth or decline in the volumes of agro-investment abroad,” he added.
The Agricultural Development Fund, the financing arm of the initiative, will announce the terms and conditions for funding abroad with the aim of regulating and streamlining the investment process."

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