A new food tech hub is now up and running in Dubai with the mission to turn the city into a global destination for businesses operating in the food-tech industry. Launched last Saturday by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the new hub has been named Food Tech Valley.
Among other things, this new initiative is expected to emerge as a key driver of the Emirate’s economy.
Food Tech Valley will aim to develop new and innovative technologies related to various agriculture technologies such as vertical farming. The new initiative is also expected to help the UAE’s food production three-fold, thereby making it more self-sustainable than at any point in the past.
There will be four distinct main clusters in the food hub including agricultural technology and engineering, a food innovation center, R&D facilities, and an advanced smart food logistics hub.
“We launched the first phase of Food Tech Valley, a new modern and vibrant city that will serve as a global destination for start-ups and industry experts in the food ecosystem,” Sheikh Mohammed said.
He added, “It will host R&D facilities, an innovation center, a smart food logistics hub, and areas for vertical farming. “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.”