Highlights
- New AgTech Park project aims to accelerate sustainable local food production and position the UAE as a hub to supply high-growth markets across the Middle East and Africa
ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, today unveiled its plans to launch the UAE’s first fresh produce AgTech Park to accelerate sustainable innovation-centric food production and distribution.
The new AgTech Park project in Al Ain Industrial City (AAIC) under Abu Dhabi Ports’ Industrial Cities & Free Zone Cluster will also help position the UAE as the region’s leading fresh produce farming hub, reducing the nation’s reliance on premium food imports. This strategic location will increase efficiency in processing, storage, and distribution of perishable goods and food supplies for the region. As part of the project, ADQ has entered into partnerships with three controlled-environment agriculture specialists to develop and operate greenhouse facilities within the AgTech Park.
Once operational, ADQ expects the 200-hectare AgTech Park to have an annual fresh fruits and vegetables production capacity of 39 kilotons. Progressive tech-enabled infrastructure will support large-scale, controlled-environment farming and R&D initiatives, enabling farmers and innovators to cultivate high-quality, fresh produce, including nutritious fruits, vegetables, herbs and spices.
The development of the AgTech Park is aligned with ADQ’s strategy to grow a thriving food and agriculture ecosystem for the UAE. To ensure reliable access to food supplies, it is vital to increase local food production and strengthen the UAE’s position as a regional hub. A year ago, ADQ launched Silal to support the UAE’s overall food and agriculture sector and local farmers through commercial offtakes and technology enhancement.
About ADQ
Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s expanding portfolio has a total book value of USD 225 billion (as at 30 June 2024) and encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Instagram, LinkedIn, and X.
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