ARAB countries need to invest some $144 billion in agriculture over the next 20 years to meet the food demands of the growing population, an Arab agricultural organization has said.
Tareq A-Zadjali, director general of the Arab Organization for Agriculture Development, said much of the funding for agricultural expansion needs to be secured from private Arab investors.
"We have an annual food security gap of between 27 and 29 billion dollars," he told The Media Line. "We want to reduce this gap."
The population in the Middle East, currently numbering around 335 million, is projected to reach some 545 million by the year 2030, creating what A-Zadjali claimed will be a deficit of $71 billion should investment not be secured. MORE HERE
1 comment:
I wonder how much of the population growth is guest laborers from the Philippines, Pakistan, India, etc.
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