Posted AT 9:06 AM EDT on 09/05/08
Saudi may start growing rice in Thailand by end '08
DUBAI — Saudi Arabia, one of the world's top rice buyers, is likely to start investing in rice farms in Thailand by the end of 2008 in a move to boost security of food supply, industry sources and traders said on Friday.
“A number of private companies and Saudi officials already met last week with Thai investors to discuss possible partnerships,” said a Gulf industry source, who asked to remain anonymous.
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