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.
NBI said that Al-Dahra Holding will invest $1 billion dollars in the first phase of the project that would cost $10 billion.
On its website, Al-Dahra describes itself as a “prominent leader in the agribusiness; specializing in the cultivation, production and trading of animal feed and essential human food commodities such as rice, flour, fruits and vegetables”.
“The group owns and operates a large asset base including a land bank of 200 thousand acres, 8 forage pressing and production plants, 4 rice milling plants and 2 flour milling plants”.
If the project in Sudan materializes, it will surpass in size the Gezira scheme in central Sudan which is the largest irrigated farm under one management in an area of 2.2 million acres.
The NBI Secretary General Ahmed Mahjoub stressed after his meeting with officials from the UAE company the group of experts the need to prepare technical feasibility studies for the implementation of the project for it to see the light.
He noted previous successful partnerships between Arab companies and Khartoum in agricultural investments.
(ST)