Al Dahra in Serbia: Shift from LDCs to developed markets

UAE based Al Dahra has announced an agro-investment on 20, 000ha in Serbia for $380 million where it plans to grow grains and alfalfa as fodder. It already has a similar project for alfalfa in Pakistan.

As reason for the shift towards a more developed market it cited lacking infrastructure in developing countries as a major impediment for investments.

This trend is ongoing: If the Gulf countries actually put money on the table and go beyond mere project announcement it has been rather in developed markets like Australia or Argentina.