Abu Dhabi agri sector gets AED524m boost

  • Date: 16-Dec-2020
  • Source: Emirates Business
  • Sector:Agriculture
  • Country:UAE
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Abu Dhabi agri sector gets AED524m boost

Abu Dhabi agri sector gets AED524m boost Admin 16 mins ago Local NewsABU DHABI / WAMThe Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has approved five investment projects worth AED 524 million to establish fish, vegetable, fruit, cattle and poultry farms on a total land and sea area of approximately four million m2. The investment opportunities, identified and managed in cooperation with the Abu Dhabi Investment Office (ADIO), will be developed by private sector companies in the agriculture sector as part of ADAFSA's efforts to increase farming projects and achieve sustainable agricultural development in Abu Dhabi. ADAFSA has signed two Musataha contracts with Aqua Fishers Company and Mirak Agricultural Services Company. Aqua Fishers Company will establish a fish farm to produce 5000 tons of seabream, seabass, hamour, red snapper and shrimp at a total cost of AED 110 million. Fishponds will be built at sea on a total area of 251.3 thousand m2. 2020-12-16Check AlsoAbu Dhabi / WAM The UAE will celebrate, on Wednesday, the National Day of Bahrain ...