on June 5, 2009 by admin in ASEAN News, Bilateral Trade, Business, Dairy News, Dubai News, GCC News, Trade Deals, Trade News, World Business, Comments Off

Thailand Ropes in the UAE to Develop Mega Livestock Farms

According to sources, Thailand has been able to attract the UAE to invest in its livestock farming industry to produce halal products out of sheep, goats and other livestock. Thailand is understood to have working for some time from now to lure the cash-rich GCC member states, which have acquired and are in the process of acquiring arable lands and livestock farms in several Asian and African nations for securing its food supplies.

Apart from the UAE, Saudi Arabia and Bahrain are also seemed to have impressed by livestock farming opportunities in Thailand. The southern provinces, the Andaman region of Thailand have been chosen for the proposed mega livestock farms.

The climatic conditions and geographic placing of Thailand are claimed to be the most suited in Southern Asia for livestock production and paddy cultivation. However, the UAE’s interest in rice production would not be possible due to shortage in suitable lands.

The UAE already has ambitious plans to establish agricultural production centres in Sudan and Pakistan. The Abu Dhabi Fund for Development aims to develop 70,000 acres of land for food production in Sudan alone.

Similarly, Saudi Arabia has also invested in overseas agricultural farms including Pakistan to ward off any potential food shortage threat like that which confronted the globe last year. The desert nations are showing keen interest in developing agricultural and livestock farms outside their region since engaging in similar activities in the region would require manifold expenditure, and also not sure of the results.

To cater to the burgeoning Middle East market, Thailand has made several plans for investing in the production of halal meat and dairy products in countries such as, Pakistan and Bangladesh. According to Thai government sources, Charoen Pokpand Foods, the largest agri-business firm of the country is preparing to develop mega livestock farms in Russia as part of its expansion plans to fulfil its export shortfalls.

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