(ANSA) - ROME, JUL 6 - Italy on Saturday sealed a
regenerative agriculture deal with Algeria as part of its
ambitious Mattei Plan, which seeks to create a new partnership
with African countries to address the root causes of irregular
migration and turn Italy into a sort of hub for energy supplies
in Europe.
The office of Premier Giorgia Meloni said the accord entailed
"the largest investment in sustainable agriculture made so far
by Italy in North Africa".
The agreement was signed in the presence of the respective
Ministers of Agriculture, Francesco Lollobrigida and Youcef
Cherfa, said Palazzo Chigi, following the bilateral meeting
between Meloni and the President of the Republic of Algeria,
Abdelmadjid Tebboune, on the sidelines of the G7 in Puglia last
month.
"The agreement," it is explained, "provides for a strategic
concession by the Algerian government of 36,000 hectares, which
the company Bonifiche Ferraresi S.p.A. will recover for
agricultural use, creating an entire production chain.
"Activities will start as early as 2024 through the creation of
wells and an initial sowing of cereals". (ANSA).
Mattei Plan: regenerative agriculture deal with Algeria
Largest investment of its kind by Italy in North Africa