Major Investment for Vertical Farming Expansion in US and UAE

Thursday, 18 July 2024, 08:08

US-based startup Plenty Unlimited Inc and UAE's Alpha Dhabi Holding PJSC plan to invest $680 million in developing vertical farms over the next five years. The partnership aims to address the food import reliance in the region and enhance sustainable agriculture practices.
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Major Investment for Vertical Farming Expansion in US and UAE

US Startup Plenty and Alpha Dhabi Investment

Plenty Unlimited Inc and Alpha Dhabi Holding plan a $680 million investment in vertical farming.

Partnership for Sustainable Agriculture

The joint venture targets food import challenges in the region.

  • Goal: Develop vertical farms in US and UAE.
  • Target: $680 million investment over five years.

This partnership aims to revolutionize food production and promote sustainability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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