The UAE aims to increase the contribution of agriculture sectors in the economy by $10 billion (Dh36.7 billion) and create 20,000 jobs in the next five years, said Abdulla bin Touq al Marri, UAE’s Minister of Economy.
According to Khaleej Times, while speaking during the fifth Future Food Forum in Dubai, the minister revealed seven key pillars to achieve the objective including localizing innovation, fostering a UAE-first culture and food supply chain, making the UAE a global regulatory powerhouse ensuring that products are of higher standards and have international recognition, and providing farmers with the necessary support and resources to make them a global leader in agri-food innovation and sustainability.
“Access to funding is why people grow, industries evolve, and our strategy will look into securing funding and support. This brings us to our fifth pillar of fostering innovation with world-class R&D innovation. We will provide world-class research and development packages to inspire change,” he said.
Under the sixth objective, the UAE will focus on enabling firms to diversify and access new markets. Finally, the seventh pillar of the strategy is aimed at building the next generation of farmers, who are the future of agriculture and agri-tech.
The UAE has been aggressively pursuing its food security and sustainability initiatives to enhance self-sufficiency. (NewsWire)