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Saudi Arabia to invest in biggest agricultural project in Iraq


Saudi Arabia will invest in one million hectares of Iraqi lands to turn them into farms for breeding livestock and poultry, an economic expert said.

“Saudi Arabia will turn the lands to the biggest agricultural project in Iraq, taking advantage of experience of some companies,” Ahmed al-Mayali said in remarks.

The project, according to Mayali, “is expected to be carried out in Anbar reaching to Muthanna province in the south.”

Each of Anbar and Muthanna are located on the Saudi northern and northeastern borders. The project will be carried out under the joint coordination council, which was established in 2017.

The council has made 16 memoranda of understanding, four of which resulted in real agreements, including one on operating flights and marine transportation line.

Last Modified: Sunday، 13 January 2019 02:16 PM