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Tunisia Offers Saudis Opportunities for Investment in Agriculture

The director general of the agency for the promotion of investment in agriculture in Tunisia said there were 408 billion cubic meters of underground water that can be utilized in agriculture. There are 5 million hectares of fertile land that can be used for the growing of cereals and wheat, in addition to flowers and medical plants that can be used for export. The Tunisian government told the Saudis that it was willing to offer big concessions to Saudi investors, including loans on favorable terms.

[In recent months, there have been discussions in some Arab countries which are suffering from a shortage of wheat to grow wheat and corn in countries like Sudan, which have an abundance of both water and fertile land.]

al-Hayat, June 5, 2008

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