Pegasus Food Futures to open new facility in Abu Dhabi
Pegasus Food Futures has finalised its plans for the construction of a new facility in Abu-Dhabi, UAE.
Expected to open in September, the plant aims to provide solutions to address global food supply challenges through operations and innovations in livestock, feedstock and food production.
The large-scale greenhouses are intended to produce mint for the UAE market, before distribution is expanded to international markets.
Pegasus Food Futures chief executive officer Mahmood Almas said: "This is a major milestone in our mission to positively impact global food security."
The firm claimed that an advantage of the new facility is that large quantities of mint can be harvested within a 15-day planting period.
The firm currently expects to deliver nearly 6t of mint daily for the UAE market.
Due to geographical and geological conditions in the UAE, the issue of food security is on the rise. The region figures as the fourth lowest in the Food Sustainability Index in comparison to 25 other countries. This index has considered various factors such as sustainable agriculture, food loss, and nutritional challenges.
Almas added: "Pegasus Food Futures understands the challenges faced by the region when it comes to sustainable agriculture. Large-scale greenhouses provide solutions and will help see the UAE's global rankings increase.
"This announcement is one of many advancements to come from Pegasus Food Futures in the UAE and global marketplace."