Search form

Last updated: 10 sec ago

You are here

Business & Economy

Agriculture show opens platform for investment opportunities

More than 20,000 people visited the four-day Saudi Agriculture 2013, which ended in Riyadh on Wednesday.
The event, the 32nd international agriculture, water and agro-industry show, was opened by Agriculture Minister Fahd Balghonaim.
It served as a platform to highlight investment opportunities in the Kingdom’s agricultural sector, besides focusing on the strong support extended by the government to the agricultural sector, which is a key factor in attracting regional and international investment.
More than 300 exhibitors from Saudi Arabia and countries, including Morocco, China, Egypt, Germany, Hungary, India, Italy, Malaysia, Pakistan, Taiwan, Turkey, the UAE and the United States, displayed their products and services on an area spanning 15,000 sqm. This edition of Saudi Agriculture generated overwhelming feedback from exhibitors.
S.S. Nayyar, a representative of the Indian contingent, said: “This is the fourth consecutive year that India is participating in the event. During the first year, there were only 22 Indian companies and we now have 42 companies participating in the event and looking to capitalize on the vast trade opportunities available between the two countries. India is the fourth largest trade partner within the Kingdom.”
Bilateral trade between the two countries was valued at $43 billion in 2012-2013 and Indian exports of food and agro products to the Kingdom reached $1.2 billion during the same period.
Saudi Agriculture 2013 has provided the ideal business-to-business platform for exhibitors and trade visitors to capitalize on the growth of the Saudi agriculture and food market that has been achieving the largest growth levels in the region and holds major potential for new businesses.
The exhibition showcased the latest in animal health and production, agricultural finance and banking, agricultural products and services, chemicals and fertilizers, cold storage and crop production, dairy farming products and equipment, fisheries and fish farming, greenhouses, handling and transport systems, irrigation and landscaping equipment, machinery and spare parts, organic farming, packaging systems and products, pesticides, pumps and pipe systems, seeds and soil nutrition products, spraying machinery, water treatment, water management systems and warehousing.
Saudi Agriculture 2013 was held concurrently with Saudi Agro-Food 2013 and Saudi Food-Pack 2013, featuring the latest products, technologies and services in areas ranging from frozen and chilled foods, confectionery, chocolates, health and natural foods, presentation, processing and packaging equipment.

MORE FROM Business & Economy