The Saudi Minister of Agriculture, Abdullah Bin Abul-Aziz Bin Moamar, recently disclosed that Saudi Arabia plans to halt green fodder farming in order to cut down water demand by the agricultural sector, reported Al-Sharq Al-Awsat daily.
However, Bin Moamar said, finding fodder alternatives are a pre-condition for the success of the water conservation plan. Thus, he urged the private sector to establish new fodder manufacturing plants that would utilize agricultural and industrial water wastes.
Official sources show that there are 49 fodder-manufacturing plants in the kingdom. Their total production capacity stands at 4.3 million tons, 49 percent of which is intended for cattle feed.
The figures also reveal that Saudi Arabia would consequently require at least five new fodder-manufacturing plants at the cost of 42.4 million Saudi riyals ($11.3 million) per plant. Production capacity of each factory is expected stand at 180,000 tons annually. The net revenue per factory is estimated to reach five million SR ($1.3 billion) per annum with a rate of return on investments assessed at 14.6 percent. ― (MENA Report)
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