Saudi company to invest in Sudan agricultural projects
Iktifaa to produce grain, cattle feed
Mohamed Bin Saeed Al-Atiya, executive director of Saudi agricultural company Iktifaa, said his company will establish agricultural and animal projects in Sudan's state of Sennar and the Northern state to produce grain and cattle feed, according to the Saudi Gazette.
Al-Atiya said his company would grow wheat, corn and oilseeds, such as sunflower and peanuts, as well as invest in cattle fattening projects.
He said the chairman of Iktifaa's board of directors, Prince Abdulaziz Bin Mashaal Bin Abdul Aziz, directly instructed the company to invest in Sudan within the framework of the initiative of the Custodian of the Two Holy Mosques King Abdullah for achieving Arab food security.
Al-Atiya, who met with the agricultural minister Ibrahim Mahmoud Hamid, said 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.