The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / WAM
The Abu Dhabi Department of Economic Development (ADDED) has identified eight new areas for investment within food industries in line with the ‘Basic Industries’ project currently being implemented by Added’s Industrial Development Bureau (IDB). The eight new investment areas cover the manufacturing of 18 basic food products which are key targets under the National Food Security Strategy 2051.
The IDB announced that these new areas for investment include the use of air-intake technology for food product preservation; processing of dates for protein, baker’s yeast and baby food production; dried fruits,
vegetables and meat-related industries; chromone production for treating palm trees weevils; seed production; and production of animal food from food waste.
Mohamed Ali Al Shorafa, Chairman of Added, explained that the ‘Basic Industries’ project prioritises the food industry, considering it an important factor in achieving self-sufficiency.
He added that the Department is working in close collaboration with the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) to support industrial food investments and create new opportunities for investment in the agricultural sector.