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Bahrain-based vertical farm strikes investment deal

Bahrain's food security is set for a major boost as Badia Farms prepares to invest several million dollars in a massive sustainable farming project in Hamala. The initiative is the result of a strategic partnership with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat, and will see the development of a 50,000sqm 'Agricultural Oasis.'

Badia Farms, part of the Green Corp platform backed by Gulf Islamic Investment group (GII), secured the land through a competitive bid on the Government Land Investment Platform. The project will deploy advanced hydroponic techniques and controlled-environment greenhouses to produce a wide variety of fruits and vegetables year-round, bypassing the challenges of seasonal shifts and water scarcity.

The farm is designed with a heavy focus on sustainability, incorporating solar panels for clean energy and systems to recycle water and biodegradable waste for re-use.

The agreement was signed by Edamah chief executive officer Chris Calvert and Badia Farms CEO Omar Al Jundi. The ceremony was attended by Sustainable Development Minister and Bahrain Economic Development Board chief executive officer Noor Al Khulaif, and Mumtalakat CEO and Edamah chairman Shaikh Abdulla bin Khalifa Al Khalifa.

Read more at Zawya

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