DUBAI, 27th February, 2019 (WAM) – Capitalising on the success of last year’s investment gathering, the organisers of AgraME, one of the region’s leading exhibitions focusing on the burgeoning Agriculture industry, will once again be hosting a number of government investment heads from across the Middle East to discuss the multi-billion dollar investment opportunities the regional agriculture industry currently holds.
Under the patronage of the UAE Ministry of Climate Change and Environment, the session of the Agriculture Investment Forum, taking place on 5th March 2019, is a series of presentations under the theme ‘Investment opportunities in the Arab World’ and will be initiated by Mohammed bin Obaid Al Mazrooei, President, Arab Authority for Agricultural Investment and Development, AAAID.
Other speakers include; Abdalla Sultan Al Owais, Chairman of the Board of Directors of Emirates Rawabi Company and Chairman of Sharjah Chamber of Commerce and Industry; Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, and Dr. Azaiez Ouled Belgacem, Regional Coordinator, International Centre for Agricultural Research in the Dry Areas.
According to the latest Arab Organisation for Agricultural Development reports, the economies of the Middle East and North Africa have a combined GDP of some US$2.3 trillion, to which the agricultural sector contributes around 6.24 percent, and a total population of around 415 million people. This fact alone shows how great the regional investment opportunities currently are.
The region includes a wide scope of economic environments ranging from the ambitious Gulf States to unfavourable investment environments in counties undergoing political instability.
The factors that make a country attractive for agricultural investment are the availability of natural resources, market growth trend, logistic and financial environment, technologies affordability and people skills and the political stability of the country.
AgraME will take place from the 5th to 7th March 2019 at the Dubai World Trade Centre. With a targeted focus on the crop farming, animal farming, aquaculture and animal health sectors, AgraME 2019 will attract suppliers and buyers, both locally and internationally, looking to source the latest products and innovative solutions in order to create a sustainable food supply across the MENA region.