Vertical Farming in The Middle-East: A Promising Future
Vertical farming in the middle east has reached new heights in recent months and is expected to become a prevalent segment of the global market
Good morning readers, over the past few months, vertical farming in the middle east has expanded exponentially, with record-breaking funding rounds, an increasing number of partnerships, expansion announcements and government related investments.
Given the environmental conditions (Arable land is scarce, harsh weather, access to water is hard), most countries in the GCC region import more than 90% of the food consumed in their respective territories. The pandemic and the subsequent supply chain disruptions caused by it has shed light on the importance of food security and independence for some of these countries that faced important disruptions in their food supply, empty shelves and inflated prices.
Since that, governments in the region have implemented new food security plans in order to decrease their reliance on other countries and guarantee their independence.
Today we take a look at the various projects, companies and partnerships that have cemented the region’s position as a promising segment of the vertical farming industry.