The Agriculture sector is gaining ground in the UAE and it will help reduce dependence on imported products and boost self-sufficiency in food, according to reports
Industry stakeholders, executives, and analysts said the UAE's growing population, increasing demand for healthier organic products, improved purchasing power, and fast progress in technology are some of the major driving sectors behind the flourishing agri sector in the country.
"The UAE government has launched the comprehensive National Food Security Strategy 2051, aiming to place the country at the top of the Global Food Security Index by 2051. To achieve this, the strategy encompasses seven key pillars, including fostering local talent and innovation, promoting a UAE-first culture within the food value chain, and providing substantial funding to industry stakeholders," Dash told Khaleej Times.
In the UAE, he said the government is heavily investing in agri-tech companies to reduce imports through vertical farming, hydroponics, and patented technology that monitors harvests. The Abu Dhabi Investment Office (ADIO) established a $200 million fund to support a range of early-stage companies over the coming years, significantly increasing its investment the in last couple of years, he said.
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