Elite Agro increases its investments in Morocco
Morocco
Tuesday 12 July 2016
FJ
With the aim of positioning itself as a major player in the sector, the Elite Agro group based in the United Arab Emirates is increasing its investments in Morocco.
Negotiations have started for approximately 550 hectares located in 3 regions. The Elite Agro Group plans plantation of grenades, apples and peaches crops. In 5 years the group wants to use about 1 500 hectares.
According to African media, the Elite Agro Group is considering other investments in the continent. After Morocco, the group would intend to explore new opportunities in Mauritania.
source : agence ecofin com