Silal launch aims to protect the overall food and agriculture sector and local farmers in Abu Dhabi
ADQ has announced the establishment of Silal, a new company in Abu Dhabi developed to diversify food sources and increase locally grown, raised and manufactured food.
The new entity complements the Abu Dhabi government’s efforts to secure food supply chains as well as to boost the supply and distribution of food in the Emirate.
Designed to protect the overall food and agriculture sector and local farmers, Silal’s efforts include the management of offtake programmes and strategic food reserves.
Silal, (baskets in Arabic), will also implement knowledge-transfer programmes related to desert farming technology and other R&D projects to support an increase in local production of fruits and vegetables from small farmers in the UAE.
“Through a number of programmes and initiatives, Silal will facilitate sustained production, sourcing and distribution of essential foods in Abu Dhabi for the benefit of retailers, farmers and the community,” commented Jamal Salem Al Dhaheri, CEO.
“The creation of Silal helps to ensure that the UAE population has access to safe, sufficient and nutritious food at affordable prices. Silal also complements ADQ’s existing investments in the food and agriculture sector as we seek to expand this important economic sector,” remarked Khalifa Sultan Al Suwaidi, Chief Investment Officer, ADQ.
