US-headquartered AeroFarms, which is a vertical farming company, has plans to build the world’s largest indoor vertical farm, with the support and investment of the Abu Dhabi Investment Office (ADIO).
The 8,200m2 farm will focus on research and development, as well as the commercialisation of relevant local crops. The facility will make use of indoor vertical farming technology that uses up to 95% less water and zero pesticides in comparison to traditional field farming.
The farm will employ more than 60 individuals for high skilled roles as horticulturists, engineers, and data scientists, and it will include several laboratories and a seed breeding centre.
ADIO is partnering individually and collectively investing an amount of $100m (AED367m) in four AgTech companies with an aim to contribute towards Abu Dhabi’s AgTech sector.
The packages are being dispersed as part of ADIO’s $272m (AED1bn) AgTech Incentive Programme, established a year ago under the Abu Dhabi government’s Ghadan 21 Accelerator Programme.
The companies include AeroFarms, Madar Farms, RNZ and Responsive Drip Irrigation (RDI). As part of ADIO’s efforts, Madar Farms has committed to building the world’s first commercial-scale indoor tomato farm using only LED lights in the Khalifa Industrial Zone Abu Dhabi (KIZAD), Construction Week earlier reported.
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