The Food Tech Valley has been launched in the UAE that will help increase food production by threefold.
The initiative, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, will help create an integrated modern city that will serve as a hub for future clean tech-based food and agricultural products and an incubator for researchers, entrepreneurs, startups and industry experts involved in developing solutions that have the potential to shape the future of the food industry.
The valley is in partnership with the Ministry of Food and Water Security and Wasl Properties and will bring companies, investors and researchers in a sustainable agribusiness ecosystem to develop the latest aquaculture and hydroponics technologies.
The Food Tech Valley will host vertical farms, an advanced smart food logistics hub, Research and Development facilities and a marketplace.
Over 300 varieties of crops will be produced in the new city using modern farming techniques and the latest agri-technologies.
The initial phase of the Food Tech Valley is crucial as the world requires strategic projects to achieve food self-sufficiency while ensuring sustainability and conservation of resources.
Food Tech Valley will be a vital hub and will develop new solutions to solve challenges faced by the food sector including weak adoption of modern agri-technologies, lack of skilled workforce in agriculture and low competitiveness of local products.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, "Food Tech Valley is part of a series of projects that aim to sustain the UAE’s food, water and agricultural systems in line with the National Food Security Strategy. Food and medicine represent strategic sectors that help us ensure a prosperous and sustainable future for the next generation."