His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today announced the launch of the first phase of Food Tech Valley.
His Highness shared the news on twitter, saying it will serve as a new modern and vibrant city that will serve as a global destination for start-ups and industry experts in the food eco-system.
It will host R&D facilities, an innovation center, a smart food logistics hub and areas for vertical farming.
He continued, “Our country is a global food logistics hub, and we will work to create a nurturing environment for agribusinesses to develop new farming technologies and enhance our future food security”.
The UAE's food trade exceeds AED100 billion annually.
أطلقنا بحمدالله مشروعاً تنموياً جديداً بدبي .. وادي تكنولوجيا الغذاء -المرحلة الأولى... مدينة جديدة من مدن دبي التخصصية ستحتضن شركات الزراعة والغذاء التخصصية وستضم مركزاً للأبحاث ومقرات للشركات ومخازن لوجستية ومناطق للزراعة العمودية والمائية وغيرها .. pic.twitter.com/o3pXaW0Ltv
— HH Sheikh Mohammed (@HHShkMohd) May 1, 2021
The UAE's food trade exceeds AED100 billion annually. Our country is a global food logistics hub, and we will work to create a nurturing environment for agribusinesses to develop new farming technologies and enhance our future food security. pic.twitter.com/0H9MfFcc0B
— HH Sheikh Mohammed (@HHShkMohd) May 1, 2021
We launched the first phase of Food Tech Valley, a new modern & vibrant city that will serve as a global destination for start-ups and industry experts in the food ecosystem. It will host R&D facilities, innovation center, smart food logistics hub and areas for vertical farming. pic.twitter.com/5Hfyi9Ngc1
— HH Sheikh Mohammed (@HHShkMohd) May 1, 2021
The initiative aims to 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.
It will support the use of technologies and applied research in food processing and agriculture and apply modern farming techniques – such as vertical farming, aquaculture and hydroponics - to accelerate self-sufficiency in fresh food produce and reduce wastage of resources.
Food Tech Valley will be home to four main clusters: agricultural technology and engineering, a food innovation centre, R&D facilities, and an advanced smart food logistics hub.
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.”
Food Tech Valley is the outcome of a partnership between the Ministry of Food and Water Security and Wasl Properties to explore urban planning of future smart and food independent cities. Equipped with cutting-edge technologies, Food Tech Valley aims to achieve the objectives of the National Food Security Strategy 2051 and support a diversified knowledge-based economy.