Saturday, March 17, 2018

Turkey, Sudan to found agriculture, livestock company

Turkey and Sudan will establish a joint agricultural and livestock company, the Turkish government's Official Gazette announced on Thursday.
Turkey's General Directorate of Agricultural Enterprises (TIGEM) will capitalize 80 percent of the Turkish and Sudanese International Agricultural and Livestock Inc., and the Sudanese side will capitalize 20 percent.
The decision to found the company was made under a Turkish-Sudanese agricultural pact signed in 2014.
The bilateral pact aims to rationalize the use of resources and agricultural potential and contribute to sustainable food objectives.
Under the agreement, around 780,000 hectares in Sudan across five regions were earmarked for investment by Turkish entrepreneurs.
Last December, a business forum was held in Sudan when President Recep Tayyip Erdogan visited the country.
The company's organization is set to be completed within 1 year.
Anadolu Agency
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Attorney General, Chairperson of the National Commission for Investigating War Crimes and Violations committed by the Rebel Rapid Support, Submits Copy of the Interim Report of the National Commission to the President of the Human Rights Council

  In the context of highlighting the Sudanese judiciary's efforts to achieve justice and redress for the victims, His Excellency Attorne...