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Mohammed introduces first phase of Food Tech Valley

Princess Tarfa

His Majesty The first phase of Food Tech Valley was inaugurated on Saturday by Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.

Sheikh Mohammed made the announcement about the launch, on his social media site.

“We opened the very first phase of Food Tech Valley, a new futuristic and lively city that will act as a global destination for start-ups and industry professionals in the food ecosystem,” Sheikh Mohammed wrote on Twitter.

“The Valley will house R&D laboratories, an engineering hub, a smart food logistics facility, and vertical farming areas,” Sheikh Mohammed said.

Sheikh Mohammed appreciated the UAE's food trade industry. He further claimed that it is worth more than Dhs100 billion per year.

“Our country is an international food logistics centre, and so we will work to foster an ecosystem for agribusinesses to build new farming technology and improve our future food security,” Sheikh Mohammed tweeted.

A host of various sheikhs and dignitaries attend the Food Tech Valley unveiling.

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