Indonesia To Allocate Land For Saudi Rice

According to reports in the Saudi media, Indonesia has decided to allocate at least 2 million hectares (4.9 million acres) of farmland to joint ventures with Saudi investors to be used mainly for the cultivation of rice.

Saudi Arabia, among the worlds top ten rice importers, said in January that it had received the first batch of rice produced abroad by local investors under a government-sponsored push for agricultural investment outside the kingdom.