A prominent Saudi businessman announced last week that the Sudanese government agreed to give his country two million acres of land as a farming investment that would allow the Arab Gulf state to ensure safe and steady food supply.
The chairman of the Jeddah Chamber of Commerce Saleh Kamel told the Saudi-based al-Sharq newspaper that the project, if successful, may allow Riyadh to achieve a food surplus that can be exported elsewhere. Kamel disclosed that the Khartoum will make the farmland a free zone that is not subject to any form of taxation or duties and is not covered by Sudanese laws.
"The return [on investment] of agriculture in Sudan will reach 15% of the capital in the first year, a return that is more than good and better than investing in any another business sector" he said.
Commentary and analysis to persuade people to become socialist and to act for themselves, organizing democratically and without leaders, to bring about a world of common ownership and free access. We are solely concerned with building a movement of socialists for socialism. We are not reformists with a programme of policies to patch up capitalism.
No comments:
Post a Comment