Saudi to establish multimillion dollar agric city in Kwara
A Saudi Investment Company, Zain Al-abdin group is to set up an Agric City in Kwara State.
The proposed Agric City, which is to be located along the River Niger in Kwara North will comprise a cluster of farms specializing in cultivation, processing and export of rice, maize and vegetables.
The chairman of the investment group, Zain Al-Abdin Nafawi disclosed this when he and other members of the group visited the Kwara State Governor,Abdulfatah Ahmed recently at the Government House, Ilorin.
According to the chairman, the Agric City will also contain facilities such as schools, hospitals, shops and other associated services.
He noted that the project is a multimillion dollar investment, which will commence as soon as all paper work is completed.
Nafawi said that the project has the backing of the Saudi Arabian government which is currently supporting Saudi investors to invest in agriculture across the world, especially Africa.
He explained that the choice of Kwara for the project was because of its advances in large scale agricultural investment as demonstrated by Shonga farm initiative and its beneficial weather and arable land particularly along the belt of the River Niger.
Responding, Governor Ahmed directed the officials of the State Ministry of Agriculture to meet with the investors to iron out modalities for the commencement of the project.