Blog

PLENTY AND MAWARID LAUNCH REGIONAL PARTNERSHIP TO GROW FRESH PRODUCE IN GCC

[ad_1]

First joint vertical farm underway in Abu Dhabi, slated in order strawberries to marketplace in 2026

ABU DHABI, UAE, July 18, 2024 /PRNewswire/ — Nowadays, Enough quantity Limitless Inc. (“Plenty”) and Mawarid Retaining Funding (“Mawarid”)—a subsidiary of Alpha Dhabi Retaining, a big publicly indexed corporate at the Abu Dhabi Securities Change (ADX)—introduced they have got entered into an unique, multi-year, region-wide partnership in order in the neighborhood grown unused create to international locations around the Gulf Cooperation Council (GCC). The three way partnership Enough quantity and Mawarid have shaped will make investments greater than AED500 million (US$130 million) into the partnership’s first challenge within the GCC – an indoor vertical farm in Abu Dhabi, designed to develop greater than 2 million kilograms of strawberries once a year. The three way partnership plans to build as much as 5 farms within the later 5 years, which will require making an investment as much as AED2.5 billion (US$680 million) and produce hundreds of direct and oblique occupation alternatives to the area.

The Abu Dhabi farm will build a year-round provide of berries with peak-season taste for each the native UAE marketplace and export to alternative GCC international locations, changing wind freight and lowering meals miles in comparison to tide imports. The farm’s entire manufacturing of strawberries is already pre-committed to Enough quantity spouse and international top class berry chief Driscoll’s, which can even give a contribution its proprietary genetics, international logo and intensive marketplace enjoy.

“As part of our strategy to delight berry consumers around the world, we are excited to partner with Plenty and Mawarid on this pioneering project,” stated Soren Bjorn, CEO of Driscoll’s. “The Gulf region and the United Arab Emirates specifically have long been great markets for Driscoll’s, and this project will help ensure we can meet the demands of consumers in this market into the future.”

The untouched farm would be the international’s first commercial-scale vertical strawberry farm outdoor of North The us, following the outlet of Enough quantity’s first strawberry farm in Virginia then this 12 months – additionally in partnership with Driscoll’s. Development at the Abu Dhabi farm–which shall be roughly 7,500 sq. meters (81,000 sq. ft)–is focused to be finished in overdue 2026.

“Mawarid has increasingly focused on adopting cutting-edge technologies in support of the UAE mandate to build innovative food security capabilities,” stated Mr. Kashif Shamsi, Crew CEO of Mawarid. “Our global search for a sustainable solution to the challenges we face in the Middle East led us to the incredible team at Plenty. This joint venture enables us to leverage the most advanced farming technology in the world to grow local food supply throughout the GCC, beginning with our home market in Abu Dhabi, while preserving our precious natural resources.”

“Plenty has built the most technologically advanced indoor farming platform aimed not only at meeting year-round consumer demand but making it possible to build a long-term food security infrastructure that can adapt to the needs of regions like the Middle East,” stated Arama Kukutai, CEO of Enough quantity. “The Mawarid team’s extensive expertise with agriculture and land management in the Emirates makes them a great partner to meet these dual opportunities, in a region that has long been poised to benefit from the promise of indoor agriculture.”

Within the UAE, 80% of the land is desolate tract1 and most effective 0.7% of the land is arable2. Creating native meals manufacturing is very important to making a extra sustainable and conserve meals machine that provides communities get entry to to brisker, extra strengthening meals. And within the GCC international locations, which import greater than 85% in their meals3, this can be a key liberate to meals safety.

About Enough quantity
Enough quantity is rewriting the principles of agriculture via its era platform that may develop unused create nearly any place on this planet, year-round, with peak-season property and as much as 350x extra surrender in keeping with acre than standard farms. Enough quantity farms are the sector’s highest-efficiency machine for changing electrical energy into unused vegatables and fruits. Enough quantity’s proprietary way is designed to saving the sector’s herbal assets, produce unused create to be had to all communities and form resilience in our meals methods towards climate, location, pests and order affects. Enough quantity operates the sector’s maximum complex indoor farm in Compton, California, and is these days construction the sector’s first vertical farm to develop strawberries indoors at scale related Richmond, Virginia, and the sector’s greatest vertical farming analysis middle in Laramie, Wyoming. For more info seek advice from www.plenty.ag.

About Mawarid Retaining Funding
Headquartered in Abu Dhabi, Mawarid is a pioneer within the garden of herbal assets cultivation and conservation within the UAE. The crowd has a portfolio of cutting edge companies working throughout a couple of trade strains together with Agriculture, Woodland Control, Ground Design and Development, Asset Operation and Upkeep, Plant Nurseries, Terrain and Irrigation applied sciences, Natural world Conservation, Eco-Tourism Services and products, Resort Control Services and products, Biosciences Analysis, and Natural Recycling. Mawarid works to reduce environmental have an effect on via eco-friendly practices and inexperienced applied sciences. Desertification, aqua pressure, and meals safety are of explicit worth to the gang which, via strategic partnerships, seems to saving ecosystems and help order affected areas through selling sustainable land and herbal assets control within the UAE and past.
For more info seek advice from mawaridhi.com.

Media Contacts
Enough quantity: Erin Santy, [email protected]
Mawarid: [email protected]

1 FAO
2 World Bank
3 GCC Food Industry Report

SOURCE Enough quantity Limitless Inc.

[ad_2]

Source link