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August 2, 2024Saudi Arabia has launched the Saudi Alliance to address growing food shortages. The initiative involves forty public and private institutions, aiming to enhance agricultural and food technologies. In July, Deputy Minister Mansour Bin Hilal Al-Mushiti inaugurated the alliance in Riyadh. Moreover, the alliance focuses on promoting sustainable development. Consequently, it aims to significantly improve the country’s agricultural sector. The With this, agriculture in the Arab countries will be good and the economy will increase.
New Alliance to Boost Food and Water Supply in Saudi Arabia
In response to the increasing demand for food and water, the Arabs began to make agreements among themselves, which would lead to huge gains in food and grain. The Kingdom of Saudi Arabia has established the Saudi Alliance for Agricultural and Food Technologies. Which will prove to be an important and developed project for the Saudi region. The initiative, which brings together forty public and private institutions, was launched in Riyadh in July by the Deputy Minister of Environment, Water and Agriculture, Mansour bin Hilal Al-Mushiti.
Collaborative Effort for Sustainable food Development
The alliance includes prominent founding partners such as the Research, Development and Innovation Authority, King Abdullah University of Science and Technology, and NEOM’s food subsidiary, Topian. According to the Saudi Press Agency (SPA), the aim of the alliance is to promote a community of stakeholders in the fields of agricultural and food technology. With which the economy including food will improve, with which the country will develop. As agriculture improves, it seeks to bridge the gap between different actors in the industry, facilitating collaboration and innovation. This will benefit neighboring countries including Saudi Arabia.
Enhancing Agricultural food Sector and GDP Contribution
Al-Mushaiti stressed the importance of creating an environment that preserves natural resources. The new Saudi Alliance for Agricultural and Food Technologies aims to promote sustainable water and food security, essential for every human being. This initiative enhances the natural beauty of our environment and underscores Saudi Arabia’s recent agricultural reforms. Additionally, it supports global efforts toward sustainability. Furthermore, the alliance fosters innovation and collaboration among key stakeholders. Consequently, these reforms contributed a substantial $29 billion to the country’s GDP by 2023. Furthermore, this alliance underscores the importance of global collaboration in addressing food and water challenges. It marks an unprecedented achievement and reflects the growing economic impact of the sector.
Future Prospects and Financial Outcomes
With the establishment of this new umbrella body, Al-Mushaiti has expressed hope for further development in the sector, which has been underdeveloped in the region. The alliance is expected to bring significant improvements in financial results, which will correct the issues related to agriculture. Strengthening the Kingdom’s food supply chain and ensuring a stable, sustainable and lasting success for Saudi Arabia’s food and water resources.
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