UAE’s $10 Billion Food and Agriculture Strategy Targets 20,000 New Jobs
The UAE is embarking on a visionary journey to build a $10 billion food and agriculture sector, creating 20,000 new job opportunities within the next five years. Abdullah bin Touq Al Marri, Minister of Economy, has unveiled a comprehensive strategy comprising seven key pillars to drive growth in this emerging sector.
The UAE’s strategic approach includes:
- Localizing innovation to nurture local talents and solutions, cultivating the next generation of agri-disruptors.
- Becoming a global regulatory powerhouse, ensuring international recognition and higher product standards.
- Promoting a UAE-first culture, prioritizing domestic production, and reducing reliance on imports along the food value chain.
- Providing substantial funding to industry players to facilitate growth and innovation.
- Fostering innovation through world-class R&D initiatives.
- Creating pathways for agriculture players to diversify and access new markets.
- Building the next generation of farmers and agri-tech leaders through training, modernization, and support.
Bin Touq emphasized the commitment to empower farmers with knowledge, technology, and resources, ensuring the agriculture workforce is well-prepared to address challenges and seize opportunities in this dynamic sector.
UAE’s Growing Food Sector
The UAE’s food sector has witnessed remarkable growth, with food products trade reaching AED130 billion ($35.4 billion) in 2022, representing a 24% increase from 2021. Food trading now accounts for 5.7% of the UAE’s non-oil trade.
Despite global challenges, the UAE’s food industry remains resilient and adaptive, emphasizing sustainable practices to ensure the Earth’s well-being for generations to come.
Explore Opportunities with Guildhall
As the UAE’s food and agriculture sector expands, the need for top talent becomes increasingly critical. Guildhall specializes in executive search and recruitment services, helping organizations find exceptional individuals to drive success in this growing industry.