Page 341 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/22/24, 11:35 AM Minister of Economy tours two food sector companies, emphasizes the need to boost industry’s competitiveness - Middle East Ne…

Moreover, H.E. emphasized that the economic clusters model is poised to play a key role in the UAE’s
economic strategy for the future, with the food cluster being a top priority. The Ministry of Economy, in

collaboration with its partners, is advancing the implementation of this initiative by creating geographically
concentrated hubs for interconnected industries and institutions. The development of this robust and
adaptable economic model that blends competition with collaboration will help achieve the UAE’s goal of

building a sustainable food ecosystem.

The food cluster strategy aims to ensure self-sufficiency in food production and enhance the food ecosystem

management through supporting agricultural enterprises and increasing local production. The initiative aims
to meet local market needs, position the UAE as a leading food exporter to key regional and global markets,

and support the goals of the ‘We the UAE 2031’ vision, such as increasing the national GDP to AED 3 trillion
by the next decade.

H.E. stated: “Today’s visit is a key step forward in enhancing dialogue with food sector companies in the
UAE, exploring leading practices, and promoting the adoption of sustainable production technologies. This
aligns with the nation’s strategic focus on the sector’s development and positioning it as a key player among

the industries of the future.”

During his visit to Zabeel Feed, H.E. Bin Touq learned about modern production facilities, which produce 300

tons of fresh animal feed daily using cutting-edge technology. This locally made product enhances the
nutritional profile of meat, adheres to world-class standards, and caters to both domestic markets and

significant export destinations such as England, Saudi Arabia, and the GCC.

At Global Farms, H.E. Bin Touq examined the company’s state-of-the-art agricultural techniques for fruit

cultivation. These methods ensure a consistent supply of fresh produce to the local market, overcoming
seasonal limitations through advanced technology and precision systems. The company also champions a

https://menews247.com/minister-of-economy-tours-two-food-sector-companies-emphasizes-the-need-to-boost-industrys-competitiveness/ 2/3