Pakistan offers farmland to foreign investors: Reuters

By Amena Bakr

DUBAI (Reuters) - Pakistan is offering one million acres of farmland, protected by a special security force, for lease or sale to countries seeking to secure their food supplies, an official from the ministry of finance said on Monday.

Gulf Arab countries, mainly reliant on food imports, have been seeking farmland in developing nations to secure supplies and have expressed interest in Pakistan's offer.

Donors including the United States, Japan, Europe, Saudi Ararbia and Iran pledged more than $5 billion in aid over two years at a conference in Japan this month to help Pakistan as it battles militants and repair its economy.

"We are offering one million acres of land across Pakistan for investors who want to buy or lease the land for a long period of time," said Waqar Ahmed Khan, the Federal Minister of Investment in Pakistan.

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