Arab Company turns Great Braila Island into biggest fodder farm in the world
Great Braila Island will become the largest alfalfa farm in the world. The transaction by which Al Dahra company of the United Arab Emirates will become the owner of Agricost will be signed soon, Mediafax mentions.
Animal husbandry is an intense activity in the Emirates, and the 3-4 alfalfa crops per year will supply the Arabs’ farms.
According to sources quoted by Ziarul Financiar at the end of March, the transaction value will amount to over 200 million euros.
Agricost is the largest cereal farm in Romania and operates on 56,000 ha of land in Great Braila Island. The land is leased from the State Domain Agency, according to the concession contract of August 2012.
Al Dahra is part of Al Ain holding, founded by Sheik Hamdan Bin Zayed Al Nahyan. It has activities in agriculture- growing cereals and selling them, with two divisions one of food for animals and another one for people.