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Deal #555 Version #47702

India
Created at
2013-02-15
Last update
2020-07-27
Last full update
2020-10-13

Intention of investment

Intention of investment
  • [current] Food crops, Livestock
Comment on intention of investment
Al-Qudra Holding, an investment firm, plans to acquire 400,000 ha of land by early 2009 to produce wheat, maize, rice, vegetables and livestock in Australia, Croatia, Egypt, Eritrea, India, Morocco, Pakistan, Philippines, Sudan, Syria, Thailand, Ukraine and Vietnam. T According to CEO Mehmood Ebrahim Al Mehmood, 40% of the total investment will go to maize, although no decision has been taken yet about whether to convert it to ethanol, with the first harvests expected in 2011 or 2012. The investment plan may expand to port operations, breeding and the manufacture of irrigation equipment

Nature of the deal

Nature of the deal
Outright purchase, Lease
Comment on nature of the deal
The land is supposed to be acquired through a mixture of 20–30 year leases, concessions and outright purchases.

Negotiation status

Negotiation status
  • [2008, current] Intended (Expression of interest)
Comment on negotiation status
Al-Qudra Holding, an investment firm, plans to acquire 400,000 ha of land by early 2009 to produce wheat, maize, rice, vegetables and livestock in Australia, Croatia, Egypt, Eritrea, India, Morocco, Pakistan, Philippines, Sudan, Syria, Thailand, Ukraine and Vietnam. The land is supposed to be acquired through a mixture of 20–30 year leases, concessions and outright purchases.