Mohammed launches first phase of Food Tech Valley

Gulf Today, Staff Reporter

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Saturday lauched the first phase of Food Tech Valley.

Sheikh Mohammed took to his social media account to make the  announcement.

“We launched the first phase of Food Tech Valley, a new modern & vibrant city that will serve as a global destination for start-ups and industry experts in the food ecosystem,” tweeted Sheikh Mohammed

“The Valley will  host R&D facilities, innovation center, smart food logistics hub and areas for vertical farming,” said Sheikh Mohammed.

Sheikh Mohammed during the launch of the Food Tech Valley.

Sheikh Mohammed praised the UAE's food trade industry and said that it exceeds Dhs100 billion annually.

“Our country is a global food logistics hub, and we will work to create a nurturing environment for agribusinesses to develop new farming technologies and enhance our future food security,” tweeted Sheikh Mohammed.

A number of sheikhs and dignitaries attend the lanuch of the Food Tech Valley..