A cooperation agreement was signed between the Ministry of Foreign Affairs and the Egyptian Countryside Development Company to provide opportunities for Egyptians living abroad to acquire agricultural land in new development areas and invest in projects related to agricultural activities, according to a statement released on Tuesday, 25 February. Egyptians living abroad who are interested in participating can visit the Egyptian Countryside Development Company’s website for more information on available agricultural land and the application process. This initiative is part of the Ministry’s efforts to encourage Egyptians abroad to invest in Egypt and contribute to national development projects. It also seeks to increase the inflow of foreign currency into the Egyptian economy, while supporting the expansion of agricultural investment through land reclamation. What is the “Your Farm in Egypt” Initiative? The “Your Farm in Egypt” initiative gives Egyptians living abroad a chance to buy agricultural land in Egypt. Under this program, the company managing the initiative will take care of land reclamation and developing the necessary infrastructure, with costs covered by the buyer. The initiative also offers support for activities like animal farming. This initiative aligns with Egypt’s national development…
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