Chad has presented its investment opportunities in agriculture, livestock, and agricultural industries to Indian investors at the India-Africa summit on food security and agricultural trade and investment. The summit was held on October 7 in Greater Noida, in the National Capital Region of India. Chad's Ambassador to India, Eldjima Beda Malout, represented the country at the summit. She highlighted Chad's agricultural and animal potential, including over 39 million hectares of arable land and a livestock population of over 140 million.
Ambassador Malout invited Indian companies to invest in Chad, particularly in agriculture, irrigation, local manufacturing, and agricultural industries. She emphasized that Chad's location in the heart of Africa offers promising investment opportunities. The Ambassador also presented the reforms being implemented by the government to improve the business climate, develop infrastructure, simplify administrative procedures, and encourage partnerships between the public and private sectors.
The summit, themed "Partnership for Prosperity and Sustainable Food for Future Generations," discussed ways to enhance India-Africa cooperation in food security, sustainable agriculture, trade, investment, and technology transfer. The event brought together representatives from India and African countries to explore opportunities for collaboration in the agricultural sector.
Chad's participation in the summit aimed to promote its investment opportunities and strengthen its relations with India. The country's agricultural sector offers vast potential for growth and development, and the government is keen to attract foreign investment to tap into this potential. Ambassador Malout's presentation highlighted the benefits of investing in Chad, including the country's strategic location and natural resources.
The India-Africa summit on food security and agricultural trade and investment is a significant platform for India and African countries to engage in dialogue and cooperation on issues related to agriculture and food security. The event provides an opportunity for countries to share experiences, expertise, and resources to address common challenges in the agricultural sector.
Chad's Ambassador to India emphasized the importance of partnerships between the public and private sectors in driving growth and development in the agricultural sector. She noted that the government's reforms aim to create a favorable business environment, which would attract more foreign investment and promote economic growth.
The summit concluded with a call for increased cooperation between India and African countries in the agricultural sector. The participants agreed to work together to address common challenges and seize opportunities for growth and development in the sector. Chad's participation in the summit has opened up new avenues for investment and cooperation with India, which is expected to benefit the country's agricultural sector.
Key points
- Chad has over 39 million hectares of arable land and a livestock population of over 140 million.
- The India-Africa summit on food security and agricultural trade and investment aims to enhance cooperation between India and African countries in agriculture and food security.
- Chad's government is implementing reforms to improve the business climate and attract foreign investment in the agricultural sector.
