Gulf investors investing heavily in Philippines agriculture sector
Investors from UAE, Saudi Arabia, Kuwait and Bahrain are currently planning to increase investment in the agriculture sector of the Philippines - Emirates 24/7 is reporting.
Saudi investors are investing in joint ventures to produce several products in about 5,000 hectares. Bahrain currently produces bananas in 1,000 hectares of land in the Philippines and Kuwait investors are looking at 1,000 acres for rice cultivation.
More details from Emirates 24/7 follows
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