The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has approved five investment projects worth AED 524 million to establish fish, vegetable, fruit, cattle and poultry farms on a total land and sea area of approximately 4 million m2.
The investment opportunities will be developed by private sector companies in the agriculture sector as part of ADAFSA’s efforts to increase farming projects and achieve sustainable agricultural development in Abu Dhabi.
Saeed Al Bahri Salem Alameri, Director-General of ADAFSA, expressed his eagerness to boost cooperation with national private sector companies. Alameri indicated that ADAFSA has developed a strategy that aims to create promising investment opportunities in agricultural and food sectors, introduce partners and investors to available investment opportunities in Abu Dhabi, advance local investments, build partnerships with investment funds, investors and the private sector in areas of its activities, and ensure those investments are aligned with government objectives.
Source: hellenicshippingnews.com
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