Eighteen months after breaking ground in Abu Dhabi, US vertical farming company AeroFarms has opened its 6,000-square-metre research and development centre, the largest in the world, with the aim of advancing sustainable agriculture in arid climates.
Advancing indoor vertical farming — which relies on precise environmental control systems, less water and none of the pesticides used in traditional farming — could transform the region's potential as an agricultural producer.
Host Kelsey Warner talks to David Rosenberg, the company's co-founder and chief executive, about where farming technology is at and the challenges that remain for the sector to tackle existential issues related to food security and energy consumption.
In this episode:
What is AeroFarms? (0m 44s)
Why tech makes sense in farming (6m 45s)
Are we late in solving the food and water crisis? (13m 45s)
Market conditions for later-stage start-ups (18m 34s)
Read more
World's biggest R&D vertical farm opens in Abu Dhabi to seed the future of food
Wheat farm in Sharjah prepares to welcome first harvest
AgTech company Silal to upgrade 80 farms in Abu Dhabi
Zayed Sustainability Prize
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How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
