ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, launched today ADQ FWD, its new platform bringing together leaders and experts to address issues of economic and strategic importance for the UAE.
The inaugural ADQ FWD paper, Cultivating the Future of Food, Bolstering Food Resilience, explores strengthening the UAE’s food system to nourish future generations. It aims to set the context for growing local food production and increasing the UAE’s role as a globally connected hub. Complementing the nation’s long-term food strategy, the paper also draws upon key lessons, dedicated research and successful models adopted in other countries.
The paper identifies five key enablers to bolster food resiliency in the UAE.
1) Driving domestic production: To maximise the efficiency of local food production, addressing structural challenges with enhanced capability and regulatory measures is key.
2) Investing in technology: Innovations reduce production costs and lead to higher quality of food varieties.
3) Driving local consumption: Encouraging consumers to purchase locally grown and manufactured food is important for a robust food system.
4) Internationalising food security: Collaborating with international producers and securing long-term contracts with global trading companies can strengthen existing and new trade.
5) Reducing food waste: A coordinated responsealong the supply chain is an essential driver of food resilience.