UAE Firm Already Invested $500 Million

JenaanJenaan is considered to be a well recognized private sector which is located in Abu Dhabi. This well known firm has chalked out plans to improve the farmland abroad.

In a press release, top brass of the company has announced with much clarity that in near future the main objective of the company will put much emphasis on the development of farmland which has been either bought or taken on lease in foreign land. The company secretary has told reporters that in Egypt, Ethiopia and Tanzania, Jenaan has purchased farmland for the production of natural resources.

In the UAE, the government and other private sectors have bought farmland to encourage agricultural industry within the country, UAE government has had the poor caustic experience of suffering from shortage of cost effective food and health drinks.

Therefore, as a part of precautionary measure, the government has taken a number of initiatives to enhance the production of natural resources in plenty.

According to researchers, Jenaan has so far made the total investment of $500 million and it has more plans and programs to spoon feed the agricultural industry for resolving issues.