Algeria and Italy sign $455 million agriculture deal ...Kuwait

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Algeria and Italy sign $455 million agriculture deal
source : The New Arab ( Kuwait ) () 34
Algeria and Italy on Saturday signed a 420-million-euro deal ($455 million) for an agricultural project in the North African country, the Algerian agriculture ministry said in a statement. Italian officials called the scheme their country's largest agricultural investment in the southern Mediterranean. It covers 36,000 hectares (89,000 acres) in Algeria's Timimoune province. It will produce wheat, lentils, and beans, among other foods, hoping to increase Algerian non-hydrocarbon exports, officials said during the agreement ceremony. It is also expected to create 6,700 jobs, they said. The deal came months after Algeria signed a $3.5 billion agreement with Qatar's lar

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