Human Rights Measure
Abu Dhabi’s AgTech Ecosystem Expands Across Land, Sea and Space
Source: https://investinabudhabi.gov.ae/News/Abu-Dhabi-AgTech-ecosystem-expands-across-land-sea-and-space
Date Enacted: November 2020
Country: United Arab Emirates
Region: Middle East & North Africa
The Abu Dhabi Investment Office (ADIO) provided financial and non-financial incentives to three companies, totaling AED 152 million (USD 41 million). The research and technologies developed by these companies will “expand existing capabilities in Abu Dhabi’s AgTech ecosystem and promote innovation in the sector to address global food security challenges.” According to an interview with the director general of the ADIO, “Covid-19’s disruptions to travel and trade have only heightened the need to move food security investments into overdrive.”
