A contract was signed between Abu Dhabi Ports and Al Dahra Holding for a duration of 50 years. The agreement provides for the lease of land parcels in the Khalifa Port free zone for the construction of a grain milling and processing complex. This subsidiary of Al Dahra Holding, Al Dahra Koch, will engage in the production of vegetable oils and livestock.
"This project contributes to the strategy for the development of the agribusiness sector in Abu Dhabi, and will help guarantee food security in the region," noted a representative of Abu Dhabi Ports.
It is known that the first phase of the project, costing 60 million US dollars, will be completed by the end of 2022, while the full completion of construction is scheduled for 2023. It is reported that advanced technologies for increasing production capacity and efficiency will be established here.
